Gross Waddell ICR is pleased to offer for sale an opportunity to acquire two adjoining retail properties within one of Melbourne’s most tightly held neighbourhood shopping strips.
Offered individually or as a whole, 219 & 221 Hawthorn Road presents two flexible investment and future development opportunity. With strong underlying land fundamentals, Commercial 1 zoning and two income streams, this is an offering that will appeal to investors, future owner occupiers and developers alike.
Key Features:
• Two (2) retail tenancies offered individually or in one line
• Total land area of 370sqm* with 11.5m* frontage to Hawthorn Road plus rear R.O.W.
• Both properties comprising ground floor retail with first floor residential accommodation
• Total rental income:
- 219 Hawthorn Road: $32,104* p.a.
- 221 Hawthorn Road: $40,788* p.a.
- Combined: $72,892* p.a.
• Commercial 1 Zone – suitable for a range of uses and future redevelopment (STCA)
• Strategic investment with future development upside and potential for vacant possession by December 2028
For Sale via Expressions of interest closing Wednesday 24th June 2026 at 3pm.
For further information or to arrange an inspection, please contact Gross Waddell ICR directly.
*approx.
Remember to mention you found this property on CommercialReady
Gross Waddell ICR is pleased to offer for sale an opportunity to acquire two adjoining retail properties within one of Melbourne’s most tightly held neighbourhood shopping strips.
Offered individually or as a whole, 219 & 221 Hawthorn Road presents two flexible investment and future development opportunity. With strong underlying land fundamentals, Commercial 1 zoning and two income streams, this is an offering that will appeal to investors, future owner occupiers and developers alike.
Key Features:
• Two (2) retail tenancies offered individually or in one line
• Total land area of 370sqm* with 11.5m* frontage to Hawthorn Road plus rear R.O.W.
• Both properties comprising ground floor retail with first floor residential accommodation
• Total rental income:
- 219 Hawthorn Road: $32,104* p.a.
- 221 Hawthorn Road: $40,788* p.a.
- Combined: $72,892* p.a.
• Commercial 1 Zone – suitable for a range of uses and future redevelopment (STCA)
• Strategic investment with future development upside and potential for vacant possession by December 2028
For Sale via Expressions of interest closing Wednesday 24th June 2026 at 3pm.
For further information or to arrange an inspection, please contact Gross Waddell ICR directly.
*approx.
Remember to mention you found this property on CommercialReady
219 & 221 Hawthorn Road, Caulfield North, VIC, 3161
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