80 Camberwell Road, Hawthorn East, VIC, 3123

****** Offers Under Review ******

Gross Waddell ICR, with Charter Keck Cramer acting as Transaction Advisor, is pleased to offer this rare Hawthorn East landholding, subject to a leaseback to one of Australia’s top 20 listed companies. Favourably zoned Commercial 1 (C1Z), the property offers an extraordinary opportunity to buy a securely leased investment with significant development upside (STCA).

• 1,345 sqm* landholding perfectly positioned in the heart of the prestigious Hawthorn East

• Leaseback to an ASX listed company being Telstra, offering a ‘triple net’ lease

• Holding income of $350,000 net pa* & fixed annual increases

• Favourably zoned Commercial 1 Zone (C1Z) with surrounding height precedents of 5-6 stories

• Situated within a proven development marketplace which caters for a high demand downsizer

• Benefiting from two (2) street frontages with 52 m* of exposure to both Camberwell Road and Roseberry Street

• Overlooking Fritsch Holzer Park and offering picturesque future view lines back to the CBD on the future development (STCA)

• Blue chip location merely metres to a dynamic retail and lifestyle precinct, home to a host of national retailers and popular eateries

• Within proximity to a number of public transport options including Auburn and Camberwell train stations plus a myriad of tram routes within walking distance

• Close to Melbourne's elite educational facilities including Xavier College, MLC, Trinity Grammar, Ruyton Girls’ School and Carey Grammar as well as Swinburne University

• Located in one of Melbourne’s most prestigious residential catchments with a median house price of $2,910,000 (source REIV)

For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*approx

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