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SOLD
49 & 51 Henry Street, HAWTHORN, VIC 3122
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Property Highlights

ATTENTION: RESIDENTIAL, COMMERCIAL, STUDENT ACCOMMODATION DEVELOPERS & LAND BANKERS

+ Highly strategic corner site comprising two existing buildings with combined building area of 534sqm*

+ Current rental income of $97,244 p.a*

+ Strong development potential with favourable height allowance for 7-8 levels (STCA) & flexible Commercial 1 zoning

+ Will suit residential, office, hotel, student accommodation & multifamily development (STCA)

+ Highly proven apartment precinct driven by owner/occupier demand and strong median house price of close to $2,000,000**

+ Central Hawthorn location, walking distance to Central Gardens (50m*), Glenferrie Road retail and dining precinct (600m*) & Swinburne University (50m*)

+ A short stroll to Auburn Train Station (250m*) providing direct access to the Melbourne CBD (6km*)

For Sale

For information please contact the CBRE Victorian Development Site sales team to register your interest.

Julian White

+61 422 764 137

Lewis Tong

+61 421 870 833

David Minty

+61 422 564 199

*approx

**REIV

Remember to mention you found this property on DevelopmentReady

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