616 Glenferrie Road,
Hawthorn, VIC 3122

Situated on the busy retail strip of Glenferrie Road, this newly constructed property offered for sale represents excellent Investment potential and offers a prime retail cafe, bar or restaurant opportunity for the astute business operator. With 187m² approximate building area and boasting a secured income with National Boutique 120 Room Hotel Chain, this property also offers a street alfresco area with a modern, stylish outlook. Directly opposite the property is the Club Hawthorn Bistro plus a number of cafes and restaurants, demonstrating a vibrant retail locality. Provisions for room service catering and conferencing facilities, the subject property presents a profitable retail opportunity for investors.

616 Glenferrie Road is located on the Eastern side of Glenferrie Road between Oxley Road and Luton Lane, with the closest major intersection being Burwood Road and Glenferrie Road.

Glenferrie Road is a major arterial road that runs in a north/ south direction from Caulfield North to Kew.

The Glenferrie Road, Hawthorn strip is an established and vibrant retail precinct, considered to be one of Melbourne's best performing retail strips with respect to both rental growth and sustained low vacancy rates. The strip is supported by the typically affluent residents of Hawthorn with their high disposable incomes. Strongly trading Coles and Safeway supermarkets are nearby in addition to the numerous major specialty shops, cafes, banks, pharmacies, post office etc.

Within walking distance to Glenferrie Train Station and the tightly held and bustling retail strip of retail shops, cafes and restaurants, the subject property is situated in a highly profitable and busy locality.