177-179 Burwood Road,
Hawthorn, VIC 3122

Owned in the same family for more than 80 years, this exceptional property is now offered for sale by public auction with vacant possession for an astute purchaser to create a new chapter in history.
The property may suit a variety of different uses for developers and investors alike. Located 200m* from the intersection of Power Street on the northern side of Burwood Road, the property has a land area of 605 sq m* (10m width* x 61m depth*) and boasts dual street frontage with Lynch Street.
The two level building of 335sq m * was the site of Suter's Electric Motor Exchange which proudly operated from the mid 1930's to the late 1970's. More recently, the building has been leased as a retail showroom for a variety of furniture and homeware businesses together with its large outdoor display area. A low clearance, rear warehouse of 100sq m* has direct access to Lynch Street.
Zoned Commercial 1 under the City of Boroondara Planning Scheme and within close proximity to Glenferrie Road Shopping precinct.
A proven international apartment market underpinned by a high performing median house price in the Hawthorn area of $2,260,000*.
Terms of Sale: 10% Deposit. Balance payable in 60 days.
*approx
Auction Thursday 1st December 12pm - onsite