338-342 Burwood Road, HAWTHORN VIC 3122 SALE
- Income: $110,000 pa + GST + Outgoings
- Recently renewed Five (5) year lease
- Leased to iconic local business
Description
Gorman Commercial is delighted to present this rare opportunity to acquire a prominent, fully-leased retail investment in the heart of Hawthorn, anchored by one of Melbourne’s most enduring hospitality institutions.
Key features of this opportunity are as follows:
+ Income: $110,000 pa + GST + Outgoings
+ Strong annual rental increases of 3.5%, providing strong income growth
+ Building Area: 235 sqm*
+ Car Parking: Eight (8) on-title bays via plan of subdivision
+ Leased to an established Hawthorn food and beverage tenant, iconic with strong local following
+ Recently renewed lease term of Five (5) years from 1 October 2025, with one further 5-year option, providing exceptional tenure of investment
+ This is an outstanding opportunity to secure a blue-chip retail investment in one of Melbourne’s most vibrant lifestyle precincts.
Contact the exclusive marketing agents below to receive further documentation or book in a property inspection.
Nathan May +61 452 210 491
Tom Maule +61 401 636 049
*Approx.