GLENFERRIE ROAD HAWTHORN
I’M VIBRANT. BUSTLING CORNER LOCATION, IMPOSSIBLE TO MISS.
YOUR EXCLUSIVE AGENTS, SAY HELLO TODAY. LET ME INTRODUCE MYSELF. jeremy@astoncommercial.com.au Rodney King Director of Agency 0422 839 870 rodney@astoncommercial.com.au Fred Nucara Managing Director 0418 567 560 fred@astoncommercial.com.au
731 GLENFERRIE ROAD HAWTHORN
Aston Commercial are pleased to offer 731 Glenferrie Road
Hawthorn for sale by public auction on Friday the 18th August at 12.00 noon on-site.
This is an extremely rare opportunity to secure a premium corner property in the heart of Glenferrie Road’s retail precinct anchored by highly regarded tenant PICCOLINA. In addition there are four further tenancies providing a strong mix of diversified income. With the first floor offices currently being vacant allows the potential for owner occupation.
267m 2*
$170,000pa*
BUILDING AREA:
285m 2*
LAND AREA:
INSPECTIONS
By Appointment
TOTAL PROJECTED INCOME OF 6 km*
FROM MELBOURNE CBD
TERMS OF SALE
10% Deposit with settlement 60-90 days
ZONING Commercial 1
BUY ME
For Sale by Public Auction on Friday 18th August at 12 noon on-site.
LIDDIARDROAD
CHRYSTOBELCRESCENT
GLENFERRIE GLENFERRIE
CRESCENT GLENFERRIEROAD GLENFERRIE ROAD 731 HAWTHORN GLENFERRIE ROAD 731 HAWTHORN
I AM IN THE HEART OF THE HUSTLE BUSTLE OF THIS PREMIUM RETAIL STRIP.
AND STRIP.
I TAKE CENTRE STAGE IN AN UNBEATABLE LOCATION.
Hawthorn is a highly sought-after suburb known for its dynamic blend of cosmopolitan living and suburban charm.
Surrounded by a diverse mix of cafes, restaurants, boutique shops, and major retailers. The high foot traffic along this main thoroughfare ensures maximum exposure for any business.
12,000
passing vehicles
(Glenferrie Road average daily) *vicroads
GLENFERRIE OVAL
GLENFERRIE ROAD
HAWTHORN AQUATIC & LEISURE CENTRE
CHRYSTOBEL CRESCENT
MELBOURNE CBD GLENFERRIE ROAD 731 HAWTHORN GLENFERRIE ROAD 731 HAWTHORN
HAWTHORN 3122.
Hawthorn is renowned for its affluent and diverse population, which includes young professionals, families, & university students attending nearby educational institutions. This diverse customer base presents excellent opportunities for businesses of all kinds.
Median house price: $2,500,000
Median unit price: $559,999 $3,279 $1,207 Median weekly income trains trams
22,788
DOMINANT AGE GROUPS
lifestyle Well serviced
by
Population Tertiary education and independence (18 to 24) Parents and homebuilders (35 to 49) Young workforce (25 to 34)
City of Boroondara
HAWTHORN
22.3% 20.2% 12.6% Singles Families
OCCUPATION BY INDUSTRY
15,027
2,008
1,647 860
Labourers **Australian Bureau of Statistics Census 2016
student populations Professionals Managers Clerical & Administrative Workers Community and Personal Service Workers Sales Workers Technicians and Trades Workers 41.1% 16.4% 12.3% 9.1% 8.7% 5.7% 4%
A beautiful two level period building full of character and charm to the front, with a more recent two level extension to the back to accommodate the additional four tenancies with a rear car park.
6.1m*
46.5m*
ZONING
Commercial 1 under the city of Boroondara planning scheme
Total Land Area: 285m 2*
I’VE GOT GREAT PROPORTIONS FOR STABILITY AND POTENTIAL GROWTH.Chrystobel Cr FrontagE Glenferrie Road Frontage
The story of piccolina is the story of our relationships with chefs, growers, designers, artists; people who understand our core value... To deliver exceptional product that is considered and original and to do it with integrity and creativity. We ask them not to imagine just gelato, but to imagine an opportunity to pay attention to the detail and to express it with care and intent.
www.piccolinagelateria.com.au
Find out more
I KEEP EXCEPTIONAL COMPANY.
TOTAL PROJECTED FULLY LEASED INCOME OF $170,000*PA NET
SHOP TENANT AREA RENT TERM ANNUAL REVIEWS Ground 1 Piccolina 74 sqm $78,660pa 7 x 5 x 5 Commenced 1/7/21 3.5% Shop 1 Magic Tailor 31 sqm $18,717pa 3 x 3 Commenced 1/5/23 4% Shop 2 Stardust Collective 29 sqm $16,921 3 x 3 Commenced 1/5/23 3% Office 1A Vacant 74 sqm Estimate $30,000 Office 1B Vacant 59 sqm Estimate $30,000 Piccolina
These vacancies provides flexibility for owner occupation.
MAGIC TAILOR AND STARDUST COLLECTIVE RAYS OFFICE 1A OFFICE 1B
BUY ME.
731 GLENFERRIE ROAD HAWTHORN
In conclusion, this prime retail property on Glenferrie Road, Hawthorn, presents an exceptional opportunity for potential purchasers to capitalize on the suburb’s vibrant atmosphere, prime location, and diverse customer base. With its strategic positioning amidst a thriving commercial hub, convenient transport links, and stable property market, the potential for growth is limitless.
METHOD OF SALE
For Sale by Public Auction on Friday 18th August at 12 noon on-site.
TERMS OF SALE
10% deposit with the balance payable in 60 – 90 days
INSPECT
Make a private appointment with the exclusive agents
REQUEST a contract of sale and vendors statement
YOUR EXCLUSIVE AGENTS, SAY HELLO TODAY.
jeremy@astoncommercial.com.au
Rodney King Director of Agency 0422 839 870 rodney@astoncommercial.com.au Fred Nucara Managing Director 0418 567 560 fred@astoncommercial.com.au
Thinking of Selling?
Great sales results always get talked about. The work that makes them happen, usually doesn’t.
There’s so much smoke around sales, that it’s hard to even talk about it in a brochure without a smile. Everyone makes claims, but the obvious truth, is not everybody is equally good at this.
OUR SALES DNA
TRUSTED
One of the differences at Aston Commercial, is that while what we say might be called an “opinion”, it’s always based on evidence. We do our homework first and talk later.
Another difference is that for us, sales is very much a whole team exercise, where there are many players and all our departments work together in the pursuit of the best result.
The experience of our team members are reinforced by Client testimonials, which lead us to being more than a real estate agent, but a trusted advisor
TACTICAL TENACIOUS
Deciphering the highest and best use and positioning your property through the implementation of elite marketing across all mediums
A relentless “never give up” attitude focused on the Client destination
Contact Aston Commercial for a confidential and strategic conversation about your property.
DISCLAIMER
“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Buckingham and Company or Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Buckingham and Company or Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Buckingham and Company or Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom.
*Approximate
