549 Burwood Road,
Hawthorn, VIC 3122
Shops & Retail • Development Sites & Land • Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
GormanKelly - Hawthorn
1 Oxley RoadHAWTHORN, VIC 3122
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
Property ID: 504267864Last Updated: 7 Feb 2024
GormanKelly - Hawthorn1 Oxley Road
HAWTHORN, VIC 3122
HAWTHORN, VIC 3122
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from GormanKelly - Hawthorn
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
77 Church Street,Hawthorn, VIC 3122 166 m²Shops & Retail • Offices • Showrooms & Large Format Retail
