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Shops 1 & 2, 159 Burwood Road Hawthorn, VIC 3122

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Shops 1 & 2, 159 Burwood Road,
Hawthorn, VIC 3122

Shops & Retail • Showrooms & Large Format Retail • Other

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Floor area

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Parking info

Property extent

Municipality

Map of Shops 1 & 2, 159 Burwood Road

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Two Shops to be Sold as One!

GormanKelly are pleased to offer Shops 1 & 2, 159 Burwood Road, Hawthorn for sale.

This rare offering provides investors and owner occupiers with the opportunity to secure two well leased retail shops located within the area's premier showroom precincts.

We believe the most outstanding aspects of this property include:
Currently returning $32,240.04 per annum plus outgoings and GST;
On two titles to be sold as one;
Great exposure from traffic and pedestrians on busy Burwood Road;
Zoned Business 2;
Building area of 118m2;
Excellent position within highly sought, tightly held local retail strip occupied by major retailers including IGA, Bunnings Warehouse and Forty Winks;
Abundant customer parking within the surrounding area.
159 Burwood Road is located on the northern side of Burwood Road between Power Street and Tweed Street with the closest major intersection being that of Burwood Road and Power Street to the west.

The property is located approximately 6.3km* east of the Melbourne CBD within the municipality of the Boroondara City Council. Burwood Road is a major arterial road that runs in a west/east direction from Richmond to Camberwell.

The Burwood Road, Hawthorn strip is the area's premier showroom precinct, renowned for its homewares and recreation. The area is considered one of Melbourne's best residential addresses with a high income demographic for both living and working within the area. Strongly trading Bunnings Warehouse, Snooze, Going Going Green and Bed Bath and Table are nearby in addition numerous major specialty shops, cafes, banks, pharmacies, post office, etc.

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
03 9810 72...
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Shops 1 & 2, 159 Burwood Road
Hawthorn, VIC 3122
GormanKelly - Hawthorn
1 Oxley Road
HAWTHORN, VIC 3122

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