SOLD
Savills is delighted to offer for sale this versatile freehold with upside in the centre of Hawthorn’s thriving retail and commercial precinct.
Situated within walking distance of Glenferrie Road and two train stations the property provides a unique opportunity to develop, value add or occupy in the heart of one of Melbourne’s most prestigious suburbs.
Key attributes of the property include:
• Land area 1,174sqm*
• Versatile two-level office building with potential for up to 7 tenancies, 992m2* building area and 17 onsite car parks
• 20.3m* frontage to Burwood Road with side and rear lane access
• Flexible Commercial 1 Zone (C1Z) with supporting Design and Development Overlay (DDO17)
• Suitable for immediate occupation, investment , value add or a range of development outcomes including residential, BTR, student accommodation, commercial and retail (STCA)
• Potential for enviable views over Central Gardens
• An unrivalled inner eastern location, positioned on the doorstep of Hawthorn’s Glenferrie Road Retail Precinct, walking distance to Auburn (340m*) and Glenferrie (480m*) Train Stations and within the Swinburne University of technology precinct
• Hawthorn is one of Melbourne’s premier suburbs with a median house price of $2,767,500^
*Approximate ^realestate.com
For further information please contact Savills agents:
James Latos - 0422 604 900
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Tim Grant - 0478 666 275
Remember to mention you found this property on DevelopmentReady
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