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BigginScott Mitcham Commercial is pleased to offer 559 Burwood Road, Hawthorn VIC 3122 for Private Sale by Closing Date 2nd October 2024 2:00PM.

PRICE GUIDE: $1,050,000 - $1,150,000

First time offered in over 60 years, this outstanding captivating freehold two-level building provides an excellent opportunity to secure a superb investment in the heart of Melbourne’ inner East- the Blue-Chip Hawthorn. Situated on the periphery of both the sought after Glenferrie Road and Auburn Road lifestyle precincts, in the tightly held boutique retail and hospitality strip with many restaurants, cafes, and specialty shops surround, it is currently leased by a long-term, well-established tenant, trading as The Greek Spot.
Key features include:

* Prominent position near the corner of Burwood Road and Henry Street
* Excellent exposure to the busy Burwood Rd
* High foot traffic location and adjacent to busy pedestrian crossing
* Minutes’ walk to Swinburne University Campus, Glenferrie and Auburn Station and Bus Stops
* Freehold land of 190sqm* with rear access via laneway
* Striking two-level building with 150sqm* building area
* Flexible floorplan allowing value add potential for multiple usages (STCA)
* University precinct and catchment of Melbourne’s most prestigious private schools
* Reliable Tenant for the past 22 years with strong Rental Return
* Well-maintained premises with quality renovations carried out by the tenant, demonstrating their care and commitment to succeed.

Seize this opportunity to secure this excellent investment in the heart of the leafy and beautiful Hawthorn - one of Melbourne’s most trendy and affluent suburbs.

PROPERTY INSPECTIONS:
Tuesday 24th September 2024 12:30-1:00PM
Tuesday 1st October 2024 12:30 - 1:00PM.

Contact exclusive agents for further information:
Thuy Nguyen – 0418 700 115
Peng Chung – 0418 179 752