Savills are delighted to offer for sale 563-565 Burwood Road, Hawthorn. Rarely does such a unique mixed-use opportunity come to the market in such a highly sought after location, close to abundant public transport and a full range of retail and lifestyle amenity.
Key attributes of this outstanding development site include:
- An ideal 654sq m* landholding
- Dual street frontages to Burwood Road and Queens Avenue
- Planning Permit for 17 apartments and retail over 7 levels
- Recent height changes offer additional permit upside (STCA)
- Highly sought after Commercial 1 Zoning
- Situated within the heart of Hawthorn’s vibrant retail precinct with direct proximity to Glenferrie Road
- Currently improved with a well presented two level commercial premises
- Auburn Train Station only 250 metres* from the property
- Brilliant inner city location in direct proximity to the Melbourne CBD and Swinburne University
- The property is being offered with two short term leases in place returning $81,300* pa
The chance to secure a prime permit approved development opportunity and commercial investment in such an outstandingRead more
Lot/Plan No: 1/TP399825