549 Burwood Road,
Hawthorn, VIC 3122
Shops & Retail • Development Sites & Land • Hotel, Motel & Leisure
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
549 Burwood Road
Hawthorn, VIC 3122
Map of 549 Burwood Road
Prime Burwood Rd Corner with 5 Level Development Potential in Future STCA
- New 5 + 5 + 5 year lease to 2037
- Prime 262sqm* freehold site
- Future 5 story development site STCA
New 5 year lease to September 2027, plus options through to 2037.
Prime 262sqm* landholding with 38 metre* street frontage plus ROW.
Prestigious Burwood Road location between Glenferrie Road and Auburn Road with 19,400 vehicles passing daily (1).
Thriving education, hospitality and retail precinct with Swinburne University, Bunnings Warehouse, Beacon Lighting, Volkswagen, PETstock, Petbarn, Glenferrie Station and Auburn Station all within 1km*.
Positioned opposite Swinburne and new 7 level Auborn Lane mixed use development.
Commercial 1 Zoning (C1Z) with future potential 5 level development (STCA).
Set-and-forget net lease terms with the tenant responsible for council rates, water rates, insurance, repairs and maintenance.
Sri Lankan restaurant tenant, secured by director’s guarantee and security deposit of 4 months rent + GST.
Annual fixed 3% increases, ensuring strong and certain rental growth.
Hawthorn: Household incomes 23% above national average (2) and median house price of $2.4 million is 146% greater than metro Melbourne median (3)
Net Income: $114,625 pa + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 29th March 2023
Crown Casino Melbourne
*approx.
1. gap maps
2. ABS
3. REIV
Prime 262sqm* landholding with 38 metre* street frontage plus ROW.
Prestigious Burwood Road location between Glenferrie Road and Auburn Road with 19,400 vehicles passing daily (1).
Thriving education, hospitality and retail precinct with Swinburne University, Bunnings Warehouse, Beacon Lighting, Volkswagen, PETstock, Petbarn, Glenferrie Station and Auburn Station all within 1km*.
Positioned opposite Swinburne and new 7 level Auborn Lane mixed use development.
Commercial 1 Zoning (C1Z) with future potential 5 level development (STCA).
Set-and-forget net lease terms with the tenant responsible for council rates, water rates, insurance, repairs and maintenance.
Sri Lankan restaurant tenant, secured by director’s guarantee and security deposit of 4 months rent + GST.
Annual fixed 3% increases, ensuring strong and certain rental growth.
Hawthorn: Household incomes 23% above national average (2) and median house price of $2.4 million is 146% greater than metro Melbourne median (3)
Net Income: $114,625 pa + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 29th March 2023
Crown Casino Melbourne
*approx.
1. gap maps
2. ABS
3. REIV
Hawthorn, 3122 demographic data
The median household income for Hawthorn is $2,145, 13% higher than Greater Melbourne's household income of $1,901. Hawthorn has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 47% of property owners in Hawthorn have a mortgage.
22,322
Population
$2,145 per week
Median household income
34 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
GormanKelly - Hawthorn1 Oxley Road
HAWTHORN, VIC 3122
HAWTHORN, VIC 3122
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