SOLD
Sold on 14 Mar 2024 for $427,000

316/737 Burwood Road
Hawthorn East VIC 3123

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 70m2
Land area: 1920m2
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Property Details for 316/737 Burwood Rd, Hawthorn East

Building Type
Commercial
Year Built
1970
Floor Size
70m2
Land Size
1920m2
Local Government
Boroondara
Lot/Plan
316/PS439630

Last Listing description (November 2017)

Suite 316 features two executive offices each with southerly streetscape aspect and a spacious open office area. Boasting excellent natural light from floor to ceiling windows, the Suite includes the use one carpark situated in the building's secure basement carpark.
Available from mid-September.
Suite area: 56 sqm gross area approx

Rental:$26,000 pa plus outgoings
Carparking: Extra carparking is situated within the basement each space is available at $165.00pcm + GST as held under an annual Licence (or $180.00pcm + GST on a monthly Licence basis)
Lease Term: Seeking two (2) years
Rental Reviews: Annual 4%
Option Term: Two (2) years - negotiable
Pacific Tower is a modern glass fa ade building in a prominent inner-eastern suburban location. It is conveniently situated within walking distance of the Auburn Rail Station, is opposite the Tower Hotel and it is within a short distance to the retail precinct of Camberwell Junction.
It boasts the amenity of in-house services as provided by Regus International (formerly Corporate Executive Offices) which can readily supplement staff requirements and facilitate phone system, phone answering and internet connection. In addition, Pacific Tower includes a thriving street-side caf and has 200 basement carparks.
An inspection is readily available at short notice. Just phone our office on 9817 1144.

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Property History for 316/737 Burwood Rd, Hawthorn East, VIC 3123

A timeline of how this property has performed in the market
Last Sold
$427,000
14 Mar 2024
Listed for Rent
$498/w
14 Nov 2017
  • 14 Mar 2024
    Sold for $427,000
  • 12 Sep 2017
    Listed for Rent - Price not available
  • 12 Mar 2009
    Sold for $300,000
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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 9,838 properties. Over the last 5 years, Houses in Hawthorn East have seen a 10.74% increase in median value, while Units have seen a 6.64% increase. As at 31 October 2024:

  • The median value for Houses in Hawthorn East is $2,364,753 while the median value for Units is $683,840.
  • Houses have a median rent of $810 while Units have a median rent of $525.
There are currently 52 properties listed for sale, and 17 properties listed for rent in Hawthorn east on OnTheHouse. According to CoreLogic's data, 468 properties were sold in the past 12 months in Hawthorn east.

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