Gross Waddell ICR is pleased to offer for sale 830 Glenferrie Road, Hawthorn - leased to a Hawthorn institution, Izakaya Jiro, the property is located within the bustling Glenferrie Road retail shopping strip.
Property highlights include:
• Prominent 2 level retail freehold securely leased to a thriving restaurant
• 5 + 5 year lease
• Rental: $84,872* p.a. net (as of September-24) with annual 3% increases
• Land area of 200 sqm*
• Onsite parking via right of way (R.O.W.)
• Surrounded by a plethora of retail and lifestyle amenity including some of Melbourne’s most popular eateries and fashion retailers
• Tightly held retail precinct with immediate access to public transport including trams and Glenferrie train station
• Bustling catchment of Melbourne’s best private schools and a soaring median house price of $2,950,000 (source REIV)
830 Glenferrie Road, Hawthorn is offered for sale via Public Auction on Thursday 16th May at 1pm onsite. For further information, please contact Gross Waddell ICR directly.
*Approx.
