842 Glenferrie Road Hawthorn VIC 3122

Colliers are pleased to present 842 Glenferrie Road, Hawthorn for sale via On-Site Public Auction, Friday the 16th of August 2024 at 12:30pm.

This property offers an exclusive retail investment opportunity situated within the highly regarded strip of Glenferrie Road. Located as a ground floor retail asset with Glenferrie Road frontage, this investment is leased to well renowned operator, Farro Pizzeria.

Key Property Highlights:

- Secure income of $60,400 per annum with fixed annual increases

- Five-year lease in place with options until 2037 with market review at start of further term(s)

- Leased by well renowned tenant, Farro Pizzeria, occupying multiple stores across Melbourne's most affluent suburbs.

- Perfect price point for entry level investors and SMSF's

- First time offered in 26 years.

- Located on the tightly held Glenferrie Road retail precinct, surrounded by some of Melbourne's finest retail, hospitality, and lifestyle amenity.

- Immediate access to the tram and Glenferrie Train Station resulting in high levels of foot traffic from nearby residents and employees, as well as high vehicular traffic along Glenferrie Road

For further information regarding this investment opportunity or to arrange an inspection, please contact the Colliers agents below as the exclusive sales agents.

Lucas Soccio | +61 421 428 990
Matt Knox | +61 416 053 036