660-662 Burwood Road Hawthorn East VIC 3123

Gorman Commercial and Nichols Crowder are delighted to offer 660-662 Burwood Road, Hawthorn for sale via Expressions of Interest, closing on Thursday 14th November at 3pm.

Underpinned by a lease to ASX listed tenant National Storage, this prominent site in the heart of Hawthorn benefits from over 38 metres of Burwood Road frontage, and with a 5 year lease and no further options, represents an opportunity for developers and owner occupiers alike.

Investment Highlights:
* Lease term: Five (5) years (expiring Nov 2029)
* Current Income: $600,000 pa + GST + outgoings + land tax
* Fixed 4% annual rental increases
* Land area: 2,097 sqm
* Over 38 metre frontage to Burwood Road plus rear laneway
* Commercial 1 zoning

For further details please contact the exclusive selling agents:

Gorman Commercial:
Jonathon McCormack 0418 835 885
Stephen Gorman 0418 321 828

Nichols Crowder:
Matt Nichols 0418 186 488
Julian Vautin 0420 406 660

Transaction Advisor: James Buy Sell