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Stonebridge Property Group - Melbourne

678 Burwood Road (Intersection Of Camberwell Road) Hawthorn East, VIC 3123

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678 Burwood Road (Intersection Of Camberwell Road),
Hawthorn East, VIC 3123

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Stonebridge Property Group - Melbourne
Kevin Tong 汤聪瑜
Rorey James
Nic Hage

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
678 Burwood Road (Intersection Of Camberwell Road)
Hawthorn East, VIC 3123

Map of 678 Burwood Road (Intersection Of Camberwell Road)

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Inner East Investment with Substantial Underlying Land Tenanted To Experienced Operator

  • 991sqm* C1Z Landholding
  • 24/7 Revenue Potential
  • 5-Year Net Lease
Stonebridge Property Group are pleased to present for sale 678 Burwood Road, Hawthorn East (Intersection of Camberwell Road).

Key highlights include:

- Occupied by Pacific Detailers, a proven Melbourne car wash operator with over a decade of experience, on a 5-year net lease with fixed rental increases

- Providing annual income of $225,000* + GST + Outgoings

- The established car wash tenant offers hand wash, paint protection, car detailing and an automatic wash service allowing for 24/7 customer convenience and increased revenue potential

- Untapped potential to develop a 991sqm* site supported through strategic vendor favoured development clauses (activated from Aug 2022), flexible Commercial 1 Zoned land and over 43m* of street frontage

- Located in the affluent and sought-after suburb of Hawthorn East, just 6.5km* from the Melbourne CBD (median house price $2,050,000*^).

- Positioned on the heavily trafficked intersection of Burwood & Camberwell Roads providing Pacific Detailers exposure to 19,000* passing cars daily^^.

- A tenant well suited and supported by the surrounding Hawthorn East demographic:- 59.8%* of Hawthorn East residents commute to work via car – highlighting carwash demand- With a median weekly income 27.5%* higher than greater Melbourne, Hawthorn East residents have a high level of disposable income

* Approximately
^ Source: realestate.com.au
^^ Source: Vicroads



To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:

Rorey James
0439 400 0...

Kevin Tong 汤聪瑜
0422 848 8...

Nic Hage
0448 782 5...

Property Code: 250

Property ID: 503816802Last Updated: 29 Jul 2021

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