Description
Gorman Commercial is privileged to offer 818 Glenferrie Road, Hawthorn for Sale.
Key features Include:
* Stunning corner retail & office freehold building
* Total NLA 2,639.8sqm
* 62 basement/on-grade car spaces
* Large rectangular site of 1,497sqm
* Commercial 1 zoning
* 100% leased to 5 tenants – current net income $1.365 million pa
* Tenants include ASX listed jewellery company Lovisa and Osteria 20 restaurant
* Diverse lease expiry profile
* High profile Glenferrie Road corner position
* Future development angle – potential 12 storey height as per Department of Transport & Planning