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Nichols Crowder Property Solutions - Moorabbin

660-662 Burwood Road Hawthorn East, VIC 3123

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660-662 Burwood Road,
Hawthorn East, VIC 3123

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Sale - Expression of Interest closing Thu 14 Nov

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Nichols Crowder Property Solutions - Moorabbin
Julian Vautin
Matt Nichols

Nichols Crowder Property Solutions - Moorabbin

358 South Road
MOORABBIN, VIC 3189
Nichols Crowder Property Solutions - Moorabbin
660-662 Burwood Road
Hawthorn East, VIC 3123

Map of 660-662 Burwood Road

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  • Train stations within 5 km of 660-662 Burwood Road, Hawthorn East, VIC 3123Distance
    Auburn Station242 m
    Glenferrie Station1 km
    Camberwell Station1 km
    East Camberwell Station1.8 km
    Riversdale Station2.1 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 660-662 Burwood Road, Hawthorn East, VIC 3123Distance
    37-Tooronga Rd/Riversdale Rd (Hawthorn East)710 m
    38-Hastings Rd/Riversdale Rd (Hawthorn East)762 m
    35-Robinson Rd/Riversdale Rd (Hawthorn)771 m
    34-Kooyongkoot Rd/Riversdale Rd (Hawthorn)945 m
    65-Victoria Rd/Burke Rd (Camberwell)958 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 660-662 Burwood Road, Hawthorn East, VIC 3123Distance
    Auburn GR/Auburn Rd (Hawthorn East)276 m
    Oxley Rd/Auburn Rd (Hawthorn)316 m
    Bowler St/Auburn Rd (Hawthorn East)447 m
    Liddiard St/Auburn Rd (Hawthorn)478 m
    Urquhart St/Auburn Rd (Hawthorn)496 m
    POWERED BY HERE ©
POWERED BY HERE ©

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 8...
Stephen Gorman 0418 321 8...

Nichols Crowder:
Matt Nichols 0418 186 4...
Julian Vautin 0420 406 6...

Transaction Advisor: James Buy Sell

Property ID: 504707640Last Updated: 23 Oct 2024

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