Land Rich Hawthorn Investment with Upside
Fitzroys is delighted to offer 812-816 Glenferrie Road and 1 Measham Place, Hawthorn for sale by Expressions of Interest closing Wednesday 30th March at 2pm.
This superb land-rich, multi-tenanted property offers investors and value-add buyers an outstanding opportunity to secure an inner city freehold with significant upside, located within one of Australia's best performing retail strip centres.
The key features of this opportunity include:
- Strategically configured landholding of 809sqm*
- Rare dual street frontage to Glenferrie Road and Measham Place
- Located within a highly valuable and dynamic retail and lifestyle precinct, home to a host of National traders and popular eateries
- Supported by world class education providers including Xavier College, Trinity Grammar, MLC, Carey Grammar, Scotch College and Swinburne University
- Underutilized site encompassing 2 shops and 4 office suites
- Includes on-site parking for 14 + cars
- Diversified income stream of $172,836* per annum from 6 established tenants
- Potential for rental uplift
- Commercial 1 zone
- Generous land area and low site coverage provides excellent scope for further development (stca) in the future
Contact Chris Kombi or Chris James for further information.