REMARKABLE HAWTHORN CORNER FREEHOLD – FOR SALE

655-657 Glenferrie Road, Hawthorn

Emmetts are delighted to bring to market one of Hawthorn’s most remarkable retail & commercial freehold properties. A significant corner landholding with high quality improvements including a rare basement car park underpins this exceptional piece of real estate.

Set in one of Melbourne’s premier retail and commercial precincts, with a combined triple street frontage totalling 74 metres, this opportunity provides real upside for investors, developers and owner occupiers.

Investment considerations include:

+ Remarkable corner freehold opportunity providing real upside for investors, developers and owner occupiers

+ Dynamic high profile location set in one of Melbourne’s best retail and commercial precincts supported by a number of Melbourne’s best secondary and tertiary education providers

+ Highly versatile existing improvements in excellent condition throughout, providing scope for a range of high value alternate uses.

+ Total building area of 820 sq m*

+ Total of 20 car parks including 13 in basement

+ Triple street frontage totalling 74 metres and Commercial 1 zoning providing scope for further retail activation & development potential (STPA)

+ Short term triple net lease to Westpac

+ Long term redevelopment and / or value-add potential.

The property is offered for sale by Expressions of Interest, with expressions of interest closing Thursday 18th March at 3PM.

* denotes approx.

For further information on this sale, contact the exclusive selling agents.