Colliers under instructions from Lachal Property as transaction advisor is pleased to present 40 Burwood Road, Hawthorn – offered for sale for the first time, this is a generational opportunity to acquire a landmark Burwood Road freehold office with development upside.
For sale by Expressions of Interest closing Wednesday 3rd December at 2pm (AEDT)
- Park facing corner landholding of 1,300sqm*
- Favourable Commercial 1 Zoning (CZ1) allowing for flexible development outcomes (STCA)
- NLA of 1,954sqm* arranged over three levels
- 69% leased to four tenants providing diverse holding income and asset management opportunities
- Estimated fully leased net rental of $840,528* per annum
- 64* secure on-grade and basement car parks
- Over 63m* of street frontage
- Development potential of 8 levels (STCA)^
- Exceptional road and rail connectivity – 300m to Hawthorn station, 70m to tram route #75 and 2km to Monash Freeway
- Situated in sought-after mixed-use precinct featuring office, medical and residential uses
- Expansive views over St James Park
- 2 Star NABERS rating
For further information, please contact the exclusive agents from Colliers Office Middle Markets team:
Alex Browne | 0418 350 545
Ben Baines | 0438 328 407
Eddie Foulkes | 0405 890 960
* Approximately
^ Victorian State Government Activity Centre Program Phase 2
Remember to mention you found this property on CommercialReady
Colliers under instructions from Lachal Property as transaction advisor is pleased to present 40 Burwood Road, Hawthorn – offered for sale for the first time, this is a generational opportunity to acquire a landmark Burwood Road freehold office with development upside.
For sale by Expressions of Interest closing Wednesday 3rd December at 2pm (AEDT)
- Park facing corner landholding of 1,300sqm*
- Favourable Commercial 1 Zoning (CZ1) allowing for flexible development outcomes (STCA)
- NLA of 1,954sqm* arranged over three levels
- 69% leased to four tenants providing diverse holding income and asset management opportunities
- Estimated fully leased net rental of $840,528* per annum
- 64* secure on-grade and basement car parks
- Over 63m* of street frontage
- Development potential of 8 levels (STCA)^
- Exceptional road and rail connectivity – 300m to Hawthorn station, 70m to tram route #75 and 2km to Monash Freeway
- Situated in sought-after mixed-use precinct featuring office, medical and residential uses
- Expansive views over St James Park
- 2 Star NABERS rating
For further information, please contact the exclusive agents from Colliers Office Middle Markets team:
Alex Browne | 0418 350 545
Ben Baines | 0438 328 407
Eddie Foulkes | 0405 890 960
* Approximately
^ Victorian State Government Activity Centre Program Phase 2
Remember to mention you found this property on CommercialReady