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32-34 Burwood Road Hawthorn, VIC 3122

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32-34 Burwood Road,
Hawthorn, VIC 3122

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Hawthorn's Best Development Site

  • Prime Hawthorn corner site
  • Located in prestigious St James Precinct
  • Suit developers(STCA) or owner occupiers
JLL and Gorman Kelly are delighted to present for your consideration an irreplaceable, blue chip land holding located in one of Melbourne’s most affluent suburbs. Being a major commercial, retail, educational and lifestyle hub in Melbourne’s premier inner east, Hawthorn represents a magnificent development opportunity (STCA), as well as an excellent opportunity to occupiers wanting to utilise the existing improvements.

Located in one of Melbourne’s most desirable suburbs, Hawthorn is recognised as a prestigious residential address. Ample amenity, quality educational institutions and excellent transport links have, in recent times, underpinned the development of a number of new residential projects.

This premium opportunity is summarised by the following key attributes:

- Well exposed corner property of 1,221sqm* land holding providing exceptional development opportunity;
- A rare opportunity; suitable for value add investors, future owner occupiers or developers;
- Extensively renovated single level office building of 937m2 with basement parking for 29 cars;
- Existing lease and net rental income of $286,758.96 per annum plus GST from international tenant ACI Operations Pty Ltd with lease expiring 30 June 2018 and no further option;
- Outstanding future development potential (STCA) to deliver a high density mixed-use project;
- Close to local amenity, within walking distance to vibrant Burwood Road Shopping Strip and anchored by one of Melbourne’s busiest suburban retail strips-Glenferrie Road, which includes a host of national retailers;
- Near supermarkets; dining, culinary and entertainment attractions; train stations, trams and transport hub, Swinburne University; various parks, gardens & recreation attractions and freeway link to Melbourne CBD.

For further information or to arrange an inspection, please contact the exclusive agents from JLL or Gorman Kelly.

Property ID: 502254566Last Updated: 8 Apr 2019

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32-34 Burwood Road
Hawthorn, VIC 3122

Detailed listing

JLL - Melbourne
Level 33, 101 Collins Street
MELBOURNE, VIC 3000
GormanKelly - Hawthorn
1 Oxley Road
HAWTHORN, VIC 3122

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