Gross Waddell ICR is thrilled to introduce an outstanding investment opportunity at 625 Glenferrie Road, Hawthorn for sale.
Key Investment Highlights:
• Brand New 5 + 5 + 5 Year Net Lease (Options to 2038)
• Fully leased income $260,000 + GST pa*
• Attractive annual 4% increases
• Three (3) secure basement car spaces plus visitor parking available
• Recently installed high quality fit-out
• Three (3) minutes walk to Glenferrie Train Station and Tram stop at the doorstep
• Exceptional retail spot in close proximity to Swinburne University, 7-11, Axil Coffee, Woolworths, Coles, Grill'd and Glenferrie Train Station
• Opposite the “Hawthorn Club” development, the proposed Cultural Quarter presents a vision for a dynamic art and learning destination, bringing together arts, culture, and creativity
• Hawthorn is one of the high-demand suburbs and boasts a soaring median house price of $2,572,500* (source REIV) Past 12-month growth Up 3.9%!
The property is for sale via Private Treaty.
For further details or to arrange an inspection, please contact the exclusive marketing agents at Gross Waddell ICR.
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