Volkswagen Hawthorn East, 675 Burwood Road
Hawthorn East, VIC 3123
Additional Work Bays in Basement
City of Boroondara
Tenanted Investment Details
Expression of Interest
RARE OPPORTUNITY TO PURCHASE A BLUE-CHIP INVESTMENT IN ONE OF MELBOURNE'S MOST AFFLUENT SUBURBS
- Net Income of $1,000,000* pa + GST
- Fixed 3% Increases Annually
- 45.8m* Frontage Along Burwood Road
675 Burwood Road, Hawthorn East’s most notable features are as follows.
• 6 Year Lease to Autopact Pty Ltd to 2025 plus options to 2040.
• Net Income: $1,000,000* pa + GST.
• Multi-Level, 3,501sqm* Volkswagen dealership, service centre and rooftop car park.
• 2,901sqm* landholding in one of Melbourne’s most affluent suburbs
• Fixed 3% annual rent increases.
• Tenant pays all outgoings + Land Tax for the property.
• Tenanted by Autopact Pty Ltd a nationally recognised company, with 20+ operating dealerships Australia wide.
* Approved planning permit for a 9 storey mixed use development.
675 Burwood Road, Hawthorn East will be sold via Expression of Interests' closing on Friday the 29th of November 2019 at 3:00pm AEDT unless sold prior.
For further information please contact the listing agent below:
Sean Saliba +61 407 080 163
Property ID: 503380510Last Updated: 14 Nov 2019