80 Camberwell RoadHawthorn East VIC 3123
Property Details for 80 Camberwell Rd, Hawthorn East
Last Listing description (October 2023)
****** Offers Under Review ******
Gross Waddell ICR, with Charter Keck Cramer acting as Transaction Advisor, is pleased to offer this rare Hawthorn East landholding, subject to a leaseback to one of Australia's top 20 listed companies. Favourably zoned Commercial 1 (C1Z), the property offers an extraordinary opportunity to buy a securely leased investment with significant development upside (STCA).
1,345 sqm* landholding perfectly positioned in the heart of the prestigious Hawthorn East
Leaseback to an ASX listed company being Telstra, offering a 'triple net' lease
Holding income of $350,000 net pa* and fixed annual increases
Favourably zoned Commercial 1 Zone (C1Z) with surrounding height precedents of 5-6 stories
Situated within a proven development marketplace which caters for a high demand downsizer
Benefiting from two (2) street frontages with 52 m* of exposure to both Camberwell Road and Roseberry Street
Overlooking Fritsch Holzer Park and offering picturesque future view lines back to the CBD on the future development (STCA)
Blue chip location merely metres to a dynamic retail and lifestyle precinct, home to a host of national retailers and popular eateries
Within proximity to a number of public transport options including Auburn and Camberwell train stations plus a myriad of tram routes within walking distance
Close to Melbourne's elite educational facilities including Xavier College, MLC, Trinity Grammar, Ruyton Girls' School and Carey Grammar as well as Swinburne University
Located in one of Melbourne's most prestigious residential catchments with a median house price of $2,910,000 (source REIV)
For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*approx
Property History for 80 Camberwell Rd, Hawthorn East, VIC 3123
- 16 Apr 2024Sold for $6,985,000
- 14 Sep 2023Listed for Sale Contact Agent
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0About 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 9,943 properties. Over the last 5 years, Houses in Hawthorn East have seen a 13.63% increase in median value, while Units have seen a 5.63% increase. As at 31 August 2024:
- The median value for Houses in Hawthorn East is $2,389,149 while the median value for Units is $657,799.
- Houses have a median rent of $850 while Units have a median rent of $525.
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