Description

Gorman Commercial is pleased to offer for sale 2-4 Church Street & 72 Barkers Road, Hawthorn via Expressions of Interest closing Tuesday 11th November at 2pm.

Acquire one or both of these prime inner city retail freeholds, situated within proximity to Victorian Gardens S/C & Kew Junction as well as major arterial routes and two tram lines providing direct access into the Melbourne CBD.

The properties can be purchased separately or in one line.

Key details of both properties below:

2-4 Church Street, Hawthorn - Versatile Multi-Tenanted Freehold

* Build area: 195sqm
* Land area: 228sqm
* Three tenancies with short-term income
* Suitable for owner occupiers and investors with three self-contained and versatile tenancies
* Commercial 1 zoning – suitable for a variety of uses (STCA)
* Rear access

72 Barkers Road, Hawthorn - High Exposure Retail Investment

* Income: $48,425 pa + GST + Outs
* Longstanding tenant of 20+ years
* Build area: 146sqm
* Current improvements comprise front showroom being utilised as an Art Gallery with rear office space.
* Land area: 340sqm
* Lease term: Two (2) years + One further term of Two (2) years providing future owner occupier potential
* Excellent rear ROW access + ample on-site parking

Listing Highlights

• Two Versatile Retail Freeholds
• Buy One or Buy Both
• Occupy or Invest