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SOLD

830 Glenferrie Road, Hawthorn, VIC, 3122

Properties / Sold / Victoria / Hawthorn

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Contact Agent

Land Area

200 m² (*approx)

Floor Area

150 m² (*approx)

Property Type

Retail

Sub-type

Strip Retail, Cafe/Restaurant

Terms

5 + 5 year lease

Est. Income

$84,872 p/a

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2. Property Highlights

A TASTY INVESTMENT

5 Year Lease
Established Tenant
Strong Rental Income

** SOLD **

Gross Waddell ICR is pleased to offer for sale 830 Glenferrie Road, Hawthorn - leased to a Hawthorn institution, Izakaya Jiro, the property is located within the bustling Glenferrie Road retail shopping strip.

Property highlights include:

• Prominent 2 level retail freehold securely leased to a thriving restaurant

• 5 + 5 year lease

• Rental: $84,872* p.a. net (as of September-24) with annual 3% increases

• Land area of 200 sqm*

• Onsite parking via right of way (R.O.W.)

• Surrounded by a plethora of retail and lifestyle amenity including some of Melbourne’s most popular eateries and fashion retailers

• Tightly held retail precinct with immediate access to public transport including trams and Glenferrie train station

• Bustling catchment of Melbourne’s best private schools and a soaring median house price of $2,950,000 (source REIV)

830 Glenferrie Road, Hawthorn is offered for sale via Public Auction on Thursday 16th May at 1pm onsite. For further information, please contact Gross Waddell ICR directly.

*Approx.

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