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34 Auburn Road
Hawthorn VIC 3122
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Sold on 4 Sep 2024

34 Auburn Road Hawthorn VIC 3122

  • Development / Land
  • 1,283 m²
  • Sold

Freehold Apartment Block Investment in Melbourne's Exclusive Eastern Suburbs

  • Whole block of 15 residential units
  • 1,283sqm* corner landholding
  • Add Value, Revert Rents, Strata Title

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

CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold4 Sep 2024
Floor Area1 m²
Land Area1,283 m²
ParkingOn site parking available
Property ID2019387423
Category
Last updated  3 Sep 2024
Map for 34 Auburn Road Hawthorn VIC 3122
CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold4 Sep 2024
Floor Area1 m²
Land Area1,283 m²
ParkingOn site parking available
Property ID2019387423
Category
Last updated  3 Sep 2024

More about 34 Auburn Road Hawthorn VIC 3122

34 Auburn Road Hawthorn VIC 3122 is categorized as Land & Development Property. It has a floor area of 1 m² and a land area of 1,283 m². The listing ID for this property is 2019387423.

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