Sold
Woolworths Metro Supermarket in Hawthorn - Melbourne
Woolworths Hawthorn - Unit 14, 674-680 Glenferrie Road , Hawthorn VIC
Sold
Stonebridge Property Group is delighted to present for sale Woolworths Hawthorn, a rare opportunity to acquire a Woolworths supermarket, with outstanding development upside potential, occupying a dominant position within the popular Glenferrie Road retail strip.
- Woolworths metro supermarket with a lettable area of 1,827 sqm*
- Leased to Top 20 ASX listed supermarket operator, Woolworths Limited, on a 5-year lease + options to 2039
- Extremely desirable inner eastern Melbourne location, only 4 km* east of the CBD
- Significant development upside with a 32 m* height limit (STCA & acquiring the remaining strata units)
- Unrivalled connectivity opposite Glenferrie train station with close to 2 million passengers p.a.^
- Common area rooftop car parking for 69* vehicles & opposite a multi-deck car park
- Strong higher education student demographic near Swinburne University of Technology & surrounded by student campuses
- Extremely affluent suburb with a median house price of $2.96m (versus metro Melbourne median of $1.12m)^^
- Estimated net income of $424,031* as at Mar-22
*Approx.
To obtain further information, please contact the exclusive selling agents.
