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Shop 3, 862 Glenferrie Road, Hawthorn, VIC, 3122

2. Property Highlights

SPICE UP YOUR COMMERCIAL PORTFOLIO
  • 14m+ Wide Frontage Shop
  • Total income of $89,603 p.a*
  • Leased to 2036 including further terms

Gross Waddell ICR is delighted to offer For Sale, an exceptional real estate investment opportunity located at Shop 3, 862 Glenferrie Road Hawthorn.

Situated next door to APH Holdings’ $50 million hotel development where Accor brand Novotel will operate a 87 room boutique hotel and private health club, which is due to open in early 2024.

> Leased to Modern Asian Style hospitality tenant, ‘Buywell Dumplings’ restaurant to 2036 including further terms net lease returning a total income of $89,603 p.a* with 3% fixed annual increases

> In the heart of Exclusive Hawthorn with easy access to Swinburne University, elite schools including MLC, Xavier College and close to all forms of public transport.

> Supported by numerous amenities including the nation’s leading retailers, restaurants, cafés, and food chains.

> Known as one of the best performing precincts in Metropolitan Melbourne, Glenferrie Road, Hawthorn offers the best proven market for your next strategic investment.

*approx

For further information or to arrange an inspection please contact exclusive sales agent below:

Glenn Ye 叶格林 0400 880 388

Andrew Greenway 0409 547 626

Remember to mention you found this property on CommercialReady

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3. Property Location

Shop 3, 862 Glenferrie Road, Hawthorn, VIC, 3122

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4. Due Diligence

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