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660-662 Burwood Road, Hawthorn East, VIC, 3123

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660-662 Burwood Road, Hawthorn East, VIC, 3123

660-662 Burwood Road, Hawthorn East, VIC, 3123

Properties / Buy / Victoria / Hawthorn East
Tenanted Investment

1. Property Summary

Selling Method
EOI
Selling Details
Closing on Thursday 14th November at 3pm.
Land Area
2,097 m² (*approx)
Floor Area
3495 m² (*approx)
Property Type
Retail, Land, Industrial
Sub-type
Storage Facility
Terms
Five (5) years (expiring Nov 2029)
Est. Income
$600,000 p/a
Show All

2. Property Highlights

NATIONAL STORAGE INVESTMENT WITH DEVELOPMENT POTENTIAL
  • Lease term: 5 years with no options
  • Current income: $600,000 pa + outgoings
  • Land area: 2,097 sqm

Gorman Commercial and Nichols Crowder are delighted to offer 660-662 Burwood Road, Hawthorn for sale via Expressions of Interest, closing on Thursday 14th November at 3pm.

Underpinned by a lease to ASX listed tenant National Storage, this prominent site in the heart of Hawthorn benefits from over 38 metres of Burwood Road frontage, and with a 5 year lease and no further options, represents an opportunity for developers and owner occupiers alike.

Investment Highlights:

* Lease term: Five (5) years (expiring Nov 2029)

* Current Income: $600,000 pa + GST + outgoings + land tax

* Fixed 4% annual rental increases

* Land area: 2,097 sqm

* Over 38 metre frontage to Burwood Road plus rear laneway

* Commercial 1 zoning

For further details please contact the exclusive selling agents:

Gorman Commercial:

Jonathon McCormack 0418 835 885

Stephen Gorman 0418 321 828

Nichols Crowder:

Matt Nichols 0418 186 488

Julian Vautin 0420 406 660

Transaction Advisor: James Buy Sell

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail, Land, Industrial
Sub-type
Storage Facility
Est. Income
$600,000 p/a
Terms
Five (5) years (expiring Nov 2029)
Land Area
2,097 m² (*approx)
Floor Area
3495 m² (*approx)
Selling Method
EOI
EOI Closing Date
14 Nov 2024 03:00PM
Add to calendar
Selling Details
Closing on Thursday 14th November at 3pm.

2. Property Highlights

NATIONAL STORAGE INVESTMENT WITH DEVELOPMENT POTENTIAL
  • Lease term: 5 years with no options
  • Current income: $600,000 pa + outgoings
  • Land area: 2,097 sqm

Gorman Commercial and Nichols Crowder are delighted to offer 660-662 Burwood Road, Hawthorn for sale via Expressions of Interest, closing on Thursday 14th November at 3pm.

Underpinned by a lease to ASX listed tenant National Storage, this prominent site in the heart of Hawthorn benefits from over 38 metres of Burwood Road frontage, and with a 5 year lease and no further options, represents an opportunity for developers and owner occupiers alike.

Investment Highlights:

* Lease term: Five (5) years (expiring Nov 2029)

* Current Income: $600,000 pa + GST + outgoings + land tax

* Fixed 4% annual rental increases

* Land area: 2,097 sqm

* Over 38 metre frontage to Burwood Road plus rear laneway

* Commercial 1 zoning

For further details please contact the exclusive selling agents:

Gorman Commercial:

Jonathon McCormack 0418 835 885

Stephen Gorman 0418 321 828

Nichols Crowder:

Matt Nichols 0418 186 488

Julian Vautin 0420 406 660

Transaction Advisor: James Buy Sell

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Matt Nichols
Matt Nichols
+61 *** *** *** show +61 418 186 488
Message
+61 418 186 488 mattn@nicholscrowder.com.au Message
Julian Vautin
Julian Vautin
+61 *** *** *** show +61 420 406 660
Message
+61 420 406 660 julianv@nicholscrowder.com.au Message
Stephen Gorman
Stephen Gorman
+61 *** *** *** show +61 418 321 828
Message
+61 418 321 828 sgorman@gormancommercial.com.au Message
Jonathon McCormack
Jonathon McCormack
+61 *** *** *** show +61 418 835 885
Message
+61 418 835 885 jmccormack@gormancommercial.com.au Message

Download Development Site Report
Matt Nichols
Matt Nichols
+61 *** *** *** show +61 418 186 488
Message
+61 418 186 488 mattn@nicholscrowder.com.au Message
Julian Vautin
Julian Vautin
+61 *** *** *** show +61 420 406 660
Message
+61 420 406 660 julianv@nicholscrowder.com.au Message
Stephen Gorman
Stephen Gorman
+61 *** *** *** show +61 418 321 828
Message
+61 418 321 828 sgorman@gormancommercial.com.au Message
Jonathon McCormack
Jonathon McCormack
+61 *** *** *** show +61 418 835 885
Message
+61 418 835 885 jmccormack@gormancommercial.com.au Message

3. Property Location

660-662 Burwood Road, Hawthorn East, VIC, 3123

Property Map
Street View
660-662 Burwood Road, Hawthorn East, VIC, 3123 Hawthorn East
Enquire
Nichols Crowder - Moorabbin
Nichols Crowder - Moorabbin
358 South Road Moorabbin, VIC, 3189
View Agency Profile
Matt Nichols
Matt Nichols
+61 *** *** *** show +61 418 186 488
Julian Vautin
Julian Vautin
+61 *** *** *** show +61 420 406 660
Gorman Commercial - Hawthorn East
Gorman Commercial - Hawthorn East
L1, 415 Riversdale Road, Hawthorn East, VIC, 3123
Stephen Gorman
Stephen Gorman
+61 *** *** *** show +61 418 321 828
Jonathon McCormack
Jonathon McCormack
+61 *** *** *** show +61 418 835 885
Enquire
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