CBRE is offering for sale via auction this prized investment opportunity, situated in one of Melbourne's most desirable suburbs at 34 Auburn Road, Hawthorn.
Key details include:
+ Substantial complex of 15 residential units, providing an opportunity to refurbish, extend or redevelop (STCA)
+ The property provides an opportunity to capitalise on Melbourne's surging residential market and substantially increase the rents through value-add enhancement and leasing strategies
+ 1,283sqm* corner landholding with extensive street exposure to one of Hawthorn's most well known streets and on-site car parking for each unit
+ Each unit comprises a 2 bedroom residence with kitchen, lounge and bathroom accommodation
+ Positioned within a premier blue ribbon residential market, close prestigious inner-city suburbs with median house prices ranging from $1.5-$2.6million^
+ Surrounded by high-quality education institutions, including Swinburne University's established & expanding campus, in addition to elite and highly desirable private schools, including Scotch College, Carey Grammar, Trinity Grammar, MLC, Camberwell Girls' School and Xavier College
+ Excellent connectivity provided by immediate access to public transport networks via nearby Auburn Train Station and trams + the wider bus network
Contact CBRE for more information and to organise an inspection.
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
David Minty
+61 422 564 199
david.minty@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
*Denotes Approx.
^REIV
