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Fitzroys - Melbourne

119-121 Hawthorn Road Caulfield North, VIC 3161

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119-121 Hawthorn Road,
Caulfield North, VIC 3161

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Fitzroys - Melbourne
Mark Talbot
Chris Kombi

Fitzroys - Melbourne

Level 27, 360 Collins Street
MELBOURNE, VIC 3000
Fitzroys - Melbourne
119-121 Hawthorn Road
Caulfield North, VIC 3161

Map of 119-121 Hawthorn Road

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Commanding Freehold Investment With Upside

  • Leased To Iconic Tenant
  • Tightly Held Precinct
  • Future Value Add Potential (STCA)
Fitzroys and Aston Commercial are delighted to offer 119-121 Hawthorn Road, Caulfield North for sale by Expressions of Interest closing Wednesday 16th March at 3pm.

The property is leased to renowned bakery, Baker Bleu, that is fast becoming a Melbourne institution. Locals will attest to the early morning line up from those keen to secure their serve of the delicious bread products. This incredible opportunity consists of a renovated and fully operational food grade facility prominently located in a tightly held neighbourhood shopping strip near the intersection of Balaclava Road and moments from Caulfield Park.

Key attributes of this impressive property include:

- Leased to the highly popular “Baker Bleu” bakery and providore
- Returning $123,735 per annum plus outgoings and GST
- 5 + 5 + 5 year lease (from September 2018)
- Well-proportioned site of 420sqm*
- Extensive frontage of 10.13 metres* to Hawthorn Road
- Convenient rear access via Halstead Street to on site car park
- Lease includes redevelopment clause from 2028
- Favourable Commercial 1 Zone (C1Z)
- Significant future vale add potential (STCA)

Caulfield North, 3161 demographic data

The median household income for Caulfield North is $2,205, 16% higher than Greater Melbourne's household income of $1,901. Caulfield North has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 44% of property owners in Caulfield North have a mortgage.

16,903
Population
$2,205 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000

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