TRIPLE TREAT! COMMERCIAL & RESIDENTIAL INVESTMENT

WHOLE THREE LEVEL BUILDING<br/><br/>• 3 Tenancies, 3 Income streams & 3 Titles<br/>• Rental: $106,000 p.a.<br/><br/>GormanKelly is pleased to present 842 Glenferrie Road, Hawthorn for sale via Auction on Thursday 28th September 2023 at 12pm onsite.<br/><br/>Key highlights of the opportunity include:<br/><br/>- Three level retail & residential premises of 331m²* offered as a fully leased investment<br/><br/>- Ground floor retail tenancy and 2 upper level apartments<br/><br/>- Visually appealing building with ability to enhance<br/><br/>- Zoned Commercial 1<br/>- Land Area: 121m2 approx<br/>- 3 titles<br/>- Popular ground floor restaurant (Farro) and 2 x spacious 2 bedroom apartments with balconies overlooking Glenferrie Road.<br/>- Potential to add another level. (S.T.C.A)<br/><br/>- Located on bustling Glenferrie Road amongst popular restaurants, cafes, Swinburne University (over 15,000 students), Coles & Woolworths supermarkets, Lido Cinema, and Hawthorn Aquatic Centre<br/><br/>- Well serviced by public transport: Only 600m* from Glenferrie Train Station and the #16 Tram passes the front door<br/><br/><br/>AREA BREAKDOWN:<br/><br/>Ground Floor<br/>- Retail 121m²<br/>- First Floor (Apartment 1) 110m2<br/>- Second Floor (Apartment 2) 100m²<br/><br/>TOTAL 331m²<br/><br/>To obtain further information or to arrange an inspection, please contact the exclusive selling agents below.