We are pleased to offer 85 Riversdale Road, Hawthorn for Auction on Wednesday 17th September at 12 noon onsite.

Offered with vacant possession, the building offers flexibility in its use either as an office, retail, or showroom. It provides a rare opportunity for owner occupiers, investors, or developers/builders with further refurbishment or redevelopment (STCA) capability.

This exquisite standalone showroom/office premises with rear mezzanine of 256m2 was designed and built by Geraldine Cooper in collaboration with Carr Design.

Formerly the Commonwealth Bank, the building comprises an open plan retail space with front reception area, two separate offices with built in storage and male and female amenities (with disabled access).

The mezzanine level comprises a retail space, kitchen with dishwasher and rear storage area with built in cupboards.

The building features high ceilings and great natural light, as well as internal heating and cooling.

Secure car-parking for 5 vehicles can be found to the rear of the building with access via a rear laneway on the eastern side of the property. This space of 129sqm could also be used for additional storage.

The current tenant Domus Textiles who were on a month by month lease, have advised of their intent to vacate the premises as of the 30th September 2014 - they are currently paying $100,000 net per annum plus GST.

Situated on 376sqm land, the property is zoned Commercial 1 and features a 12.2m* frontage to busy Riversdale Road.

85 Riversdale Road is located on the northern side of Riversdale Road near the corner of Glenferrie Road. The property is located approximately 8km* south-east of the Melbourne CBD within the municipality of the Boroondara City Council.

The inner city suburb of Hawthorn is a highly desirable location, particularly noted as a high-quality education hub surrounded by some of Melbourne’s best schools and home to Swinburne University campus. With a vast array of culture, shopping and recreational options, the suburb is underpinned by some of Melbourne’s best residential property and has been designated as one of Melbourne’s Major Activity Centres under the Melbourne 2030 Metropolitan Strategy.

Immediate retailers in this busy retail junction include fashion retailers, hair and beauty salons, a florist, restaurants, cafes, fast food retailers, a newsagency, dry cleaner, SUPA IGA and a bottle shop.