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611-615 Glenferrie Road
Hawthorn VIC 3122
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Sold on 15 Dec 2023

611-615 Glenferrie Road Hawthorn VIC 3122

  • Shop & Retail
  • 295 m²
  • Sold

Hawthorn Retail/Residential Value Add Opportunity

    Brilliantly positioned on bustling Glenferrie Road just south of Burwood Road, walking distance to public transport, Swinburne University of Technology, Hawthorn Town Hall, Coles, bars, cafes and restaurants is this Commercial 1 zoned brick building comprising two retail tenancies (one vacant, one on monthly tenancy) and three first level, small residential units which are all currently leased. The two level brick building sits on a triangular shaped site of approximately 225 square metres, with a frontage to Glenferrie Road of over 18.5 m and is ripe for the astute purchaser to add value in any number of ways including renovation, extension or redevelopment (STCA). The property is being offered with the benefit of short term tenancies returning $72,216 per annum on a semi-gross basis with the potential to achieve higher returns. This is an opportunity that rarely presents itself and should not be missed. Inspect by Appointment Only.

    W. B. Simpson & Son
    W. B. Simpson & Son
    30 Errol Street
    North Melbourne, VIC 3051

    Property Highlights

    Date Sold15 Dec 2023
    Floor Area295 m²
    Land Area225 m²
    ParkingAsk Agent
    Property ID2018851632
    Category
    Last updated  15 Dec 2023
    Map for 611-615 Glenferrie Road Hawthorn VIC 3122

    Nearest transport* to 611-615 Glenferrie Road Hawthorn VIC 3122

    Bus
    Train
    Tram
    Ferry
    Elgin Pl/Power St (Hawthorn)806 m
    Oxley Rd/Auburn Rd (Hawthorn)854 m
    Grace Park/Power St (Hawthorn)858 m
    Auburn Gr/Auburn Rd (Hawthorn East)867 m
    This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
    *Within a 4km radius
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    W. B. Simpson & Son
    W. B. Simpson & Son
    30 Errol Street
    North Melbourne, VIC 3051

    Property Highlights

    Date Sold15 Dec 2023
    Floor Area295 m²
    Land Area225 m²
    ParkingAsk Agent
    Property ID2018851632
    Category
    Last updated  15 Dec 2023

    Listed by

    More about 611-615 Glenferrie Road Hawthorn VIC 3122

    611-615 Glenferrie Road Hawthorn VIC 3122 is categorized as Shop & Retail Property. It has a floor area of 295 m² and a land area of 225 m². The listing ID for this property is 2018851632.

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