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121 Auburn Road Hawthorn, VIC 3122

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121 Auburn Road,
Hawthorn, VIC 3122

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Investment With Altitude

> Impressive double storey shop + dwelling
> Two separate income streams
> Combined income: $62,140 pa
> Prominent retail space plus spacious 3 bedroom dwelling
> Rear access plus off street carparking for 3 vehicles approx
> Land area: 191 sqm approx.
> Building area: 170 sqm approx.
> Only metres to Auburn train station
> Zoned: Commercial 1

Lease Particulars:
Ground Floor (Commercial tenant)
- Rental: $32,152.27 pa
- Lease expiry: 1/9/15 + option

Part Ground & First Floor (Residential tenant)
- Rental: $29,988 pa Net
- Lease expiry: 18/3/15

The subject property is ideally located, being positioned on the eastern side of Auburn Road, between Burwood and Victoria Roads.

It is strategically positioned in a well-regarded boutique shopping strip. Auburn Road boasts a diverse range of retail incorporating upmarket cafés (including 'Hello Sailor'), the Geebung Polo Club and an eclectic mix of specialty retail (includes homewares & giftware).

It is also positioned close to all modes of public transport including Auburn station which is only 100 metres away.

Hawthorn is located 6 kms east of the CBD. Located on the eastern side of the Yarra and south of Barkers Road, Hawthorn is a medium sized residential suburb in Melbourne's east, with significant commercial areas.

Hawthorn has a strong tertiary education influence with the presence of the Swinburne University of Technology and a large tertiary student population. The suburb also features the Allendale Hospital and Grace Park.

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Property ID: 501259315Last Updated: 13 Nov 2014

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121 Auburn Road
Hawthorn, VIC 3122

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