Gorman Commercial is pleased to offer 705-711 Burwood Road, Hawthorn for Sale By Expressions of Interest, closing Wednesday 30th October 2024 at 2pm. 705-711 Burwood Road, Hawthorn is so much more than a Beaurepaires tyre outlet. The property comprises a large well-proportioned future development site in a proven and deep market for either multi-level apartments or offices. The property has the benefit of significant rental return and lease term while a development scheme & Permit can be sought for a market leading multi-level project close to Auburn Village, Camberwell Junction and Glenferrie Road’s famous retail strip. Compelling reasons to consider purchasing 705-711 Burwood Road, Hawthorn include: * Large well-proportioned site of 1,609 sqm * C1 zoned land with rear access * Showroom warehouse buildings totaling 961 sqm * Presently leased to a Beaurepaires tyre outlet * Net Rent $234,532 pa (as at Dec 2024) plus all outgoings recoverable including land tax * Potential for 5-6 level mixed-use or office development (STCA) * Development Scheme available from Cera Stribley Architects * Short walk to Auburn Village, Train Station & Swinburne University
Email enquiry to Gorman Commercial Real Estate Pty Ltd
Property ID: 504697828