SOLD
Sold on 15 May 2024 for $350,000

202/737 Burwood Road
Hawthorn East VIC 3123

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 603m2
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Property Details for 202/737 Burwood Rd, Hawthorn East

Building Type
Commercial
Land Size
603m2
Local Government
Boroondara
Lot/Plan
202/PS439630

Last Listing description (September 2012)

PROFESSIONAL OFFICE SUITE FOR SALE - Ideal for Owner Occupation
Suite 202, of approximately 63m2, has a 2nd floor elevation and western side aspect offering a view to over Hawthorn toward the skyline of Melbourne???s CBD. It also includes a basement carpark on Title.
This spacious suite comprises three work areas. Furnishings include glass wall partitions, carpets, light fittings, communications box and window frosting.

The Suite is offered on a vacant possession basis providing for a 10% deposit and balance within 60 days. Please note that GST is applicable as the property will be sold with vacant possession.
???Pacific Tower??? is a modern building in a great inner-eastern suburban location. It is conveniently situated within walking distance of the Auburn Rail Station, is opposite the Tower Hotel and it is with a short distance to the retail precinct of Camberwell Junction.
It boasts the amenity of in-house services as provided by ???Corporate Executive Offices??? which can readily supplement staff requirements and facilitate quality phone system and internet connection. In addition, Pacific Tower includes a thriving street-side caf?? and has 200 basement carparks.
Additional parking is available to be purchased or rented at $185 pcm plus GST or $165 pcm on a 12 month Licence basis.

Property History for 202/737 Burwood Rd, Hawthorn East, VIC 3123

A timeline of how this property has performed in the market
Last Sold
$350,000
15 May 2024
  • 15 May 2024
    Sold for $350,000
  • 08 Oct 2012
    Sold for $297,000
  • 02 Oct 2011
    Listed for Sale $299,500 EXCL. GST
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About Hawthorn East 3123

The size of Hawthorn East is approximately 3.5 square kilometres. It has 9 parks covering nearly 7.3% of total area. The population of Hawthorn East in 2011 was 13,101 people. By 2016 the population was 14,306 showing a population growth of 9.2% in the area during that time. The predominant age group in Hawthorn East is 20-29 years. Households in Hawthorn East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hawthorn East work in a professional occupation. In 2011, 59% of the homes in Hawthorn East were owner-occupied compared with 53.1% in 2016.

Hawthorn East has 9,947 properties. Over the last 5 years, Houses in Hawthorn East have seen a 7.87% increase in median value, while Units have seen a 5.97% increase. As at 30 September 2024:

  • The median value for Houses in Hawthorn East is $2,410,928 while the median value for Units is $678,430.
  • Houses have a median rent of $810 while Units have a median rent of $525.
There are currently 51 properties listed for sale, and 16 properties listed for rent in Hawthorn east on OnTheHouse. According to CoreLogic's data, 481 properties were sold in the past 12 months in Hawthorn east.

Suburb Insights for Hawthorn East 3123

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.