213 Riversdale Road, Hawthorn 70 m2

Subscribe to regular market updates. - AFFORDABLE RETAIL INVESTMENT WITH FUTURE UPSIDE - LEASE EXPIRING MID-2027 WITH NO FURTHER OPTION REMAINING - CURRENLY RETURNING CIRCA $24,400 PER ANNUM NET Jellis Craig are pleased to offer for sale via Expressions of Interest closing Thursday 4 June at 4pm (unless sold prior), an opportunity to secure a single level commercial asset in Hawthorn with a charming façade and excellent public transport on its doorstep. In a prime position and primed for future improvement, the open plan retail shop with its own toilet is currently leased as a laundromat until May 2027 with no further option remaining. This asset will suit a variety of investors and owner occupiers seeking an affordable shop / office in a blue-chip location. - Building area: 70 sqm (approx.) - Open plan retail shop with charming façade - Currently leased as a laundromat until May 2027 with no further option remaining - Returning approx. $24,400 pa net - Future upside potential to renovate / refurbish (STCA) - Well serviced by tram, train and bus public transport options - Easy access to multiple major atrial roads - Blue-chip high exposure Hawthorn position, just 6km from Melbourne CBD - Commercial 1 Zoning - Suitable for a variety of uses (STCA) Please contact the exclusive sales and marketing agent for further information. Inspection by appointment Swinburne Senior Secondary College 571 Glenferrie Road Hawthorn 40 Lisson Grove Hawthorn Burgess Street Hawthorn East Auburn South Primary School 419 Tooronga Road Hawthorn East Auburn Primary School Rathmines Road Hawthorn East 1 Morrison Street Hawthorn Glenferrie Primary School Manningtree Road Hawthorn Camberwell Primary School 290 Camberwell Road Camberwell Camberwell Primary School Reserve Road Camberwell 429 Auburn Road Hawthorn East 405 Tooronga Road Hawthorn East 131 Power Street Hawthorn Carey Baptist Grammar School 349 Barkers Road Kew Preshil, The Margaret Lyttle Memorial School 395 Barkers Road Kew Methodist Ladies' College 207 Barkers Road Kew 31 Moonga Road Toorak Camberwell Girls Grammar School 2 Torrington Street Canterbury Ruyton Girls' School 12 Selbourne Road Kew Melbourne Girls College Yarra Boulevard Richmond St Catherine's School 17 Heyington Place Toorak 135 Barkers Road Kew Trinity Grammar School 60 Wellington Street Kew Hawthorn West Primary School 116 Cotham Road Kew Canterbury Girls Secondary College Mangarra Road Canterbury Genazzano FCJ College 301 Cotham Road Kew Camberwell Grammar School 55 Mont Albert Road Canterbury Our Lady of Good Counsel School 52 Deepdene Road Deepdene Camberwell South Primary School Peate Avenue Glen Iris