Colliers, under instruction from Charter Keck Cramer, is proud to exclusively present 36-38 Burwood Road, Hawthorn for sale via Expressions of Interest closing Thursday 20th August at 2pm (AEST)
Positioned within Hawthorn West's most tightly held and prestigious precinct, this exceptional north-facing landholding presents a rare opportunity to develop. occupy, or invest or develop within one of Melbourne's premier inner-eastern locations.
• North-facing site with over 38m* frontage to St James Park
• Substantial 1,214sqm* Commercial 1 Zoned landholding
• Existing four-level office building with 1,543sqm* NLA
• Strong holding rental of $533,552* net per annum
• Recently introduced Built Form Overlay allowing a discretionary height of 27m* (circa 8+eight levels, STCA)
• 3.5 star NABERS Energy Rating
• 47 on-site car spaces
• Uninterrupted park frontage with CBD skyline views
• Premier Hawthorn West location moments from the Yarra River
Overlooking the picturesque St James Park, the property benefits from a coveted northern aspect and outstanding redevelopment fundamentals. The existing improvements provide immediate income while future plans are considered, creating an ideal land-bank opportunity in a market characterised by limited supply and strong demand.
A future redevelopment is set to capitalise on uninterrupted park views, CBD skyline outlooks and a leafy southern aspect, all within walking distance of the Yarra River, public transport, retail amenity and Melbourne's leading education institutions.
For Sale by Expressions of Interest closing Thursday 20 August at 2pm (AEST).
Remember to mention you found this property on DevelopmentReady
Colliers, under instruction from Charter Keck Cramer, is proud to exclusively present 36-38 Burwood Road, Hawthorn for sale via Expressions of Interest closing Thursday 20th August at 2pm (AEST)
Positioned within Hawthorn West's most tightly held and prestigious precinct, this exceptional north-facing landholding presents a rare opportunity to develop. occupy, or invest or develop within one of Melbourne's premier inner-eastern locations.
• North-facing site with over 38m* frontage to St James Park
• Substantial 1,214sqm* Commercial 1 Zoned landholding
• Existing four-level office building with 1,543sqm* NLA
• Strong holding rental of $533,552* net per annum
• Recently introduced Built Form Overlay allowing a discretionary height of 27m* (circa 8+eight levels, STCA)
• 3.5 star NABERS Energy Rating
• 47 on-site car spaces
• Uninterrupted park frontage with CBD skyline views
• Premier Hawthorn West location moments from the Yarra River
Overlooking the picturesque St James Park, the property benefits from a coveted northern aspect and outstanding redevelopment fundamentals. The existing improvements provide immediate income while future plans are considered, creating an ideal land-bank opportunity in a market characterised by limited supply and strong demand.
A future redevelopment is set to capitalise on uninterrupted park views, CBD skyline outlooks and a leafy southern aspect, all within walking distance of the Yarra River, public transport, retail amenity and Melbourne's leading education institutions.
For Sale by Expressions of Interest closing Thursday 20 August at 2pm (AEST).
Remember to mention you found this property on DevelopmentReady
36-38 Burwood Road, Hawthorn, VIC 3122
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