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Fitzroys - Melbourne

408 Burwood Road Hawthorn, VIC 3122

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408 Burwood Road,
Hawthorn, VIC 3122

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Fitzroys - Melbourne
David Bourke
Chris James

Fitzroys - Melbourne

Level 27, 360 Collins Street
MELBOURNE, VIC 3000
Fitzroys - Melbourne
408 Burwood Road
Hawthorn, VIC 3122

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Dominant Corner Freehold - Occupy, Invest, Develop

  • Three Street Frontages Totalling 70m*
  • Value-Add Potential
  • Flexible Income Streams
Fitzroys offers to you 408 Burwood Road (Corner Launder Street), Hawthorn for sale via Public Auction on Tuesday 29th June at 1pm on site.

The property offers flexible income with the ability to occupy, redevelop or invest. The property is situated on a prominent corner site with three street frontages and within a popular growth corridor.

Features of this outstanding opportunity include:

- Corner location opposite Swinburne University, nearby Glenferrie Station and Hawthorn Town Hall
- Flexible income streams, currently returning $193,000 p.a. net *
- Potential fully leased income of $216,000 p.a. net* or more
- Outstanding corner site with frontages to Burwood Road, Launder Street and Kent Lane totalling 70.1 metres
- Dominant Commercial Zone 1 site of 557sqm*.
- Numerous mixed-use developments nearby promoting increased activity in the area
- Substantial two-level brick building of 800sqm*.
- On-site parking for nine (9) cars
- Excellent location within hawthorn’s lifestyle, commercial and education precinct and nearby Glenferrie Road
- Existing crossovers on Launder Street and Kent Lane
- Strong future value-add potential (STPA)

* approx.

FOR SALE VIA PUBLIC AUCTION ON TUESDAY 29TH JUNE AT 1PM ON SITE.

Property ID: 503837002Last Updated: 25 Aug 2021

Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000
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