Tiga Commercial is pleased to present the opportunity For Sale, 482 Riversdale Road, Hawthorn East, a truly one-of-a-kind property investment opportunity in one of Melbourne’s most regarded suburbs:
- Camberwell Junction’s most iconic trophy asset with unmissable corner exposure.
- Recently renewed lease to powerhouse hospitality operator and long-standing tenant, Meat& Wine Co.
- Fully refurbished 250sqm of floor area over two-levels and its timelessly preserved exterior, offering a premium dining experience.
- Renewed lease commencement in May-23 for a five(5) year term, generating $234,536 net p.a. plus GST plus Outgoings.
- Favourable fixed annual reviews of 4.00% with four (4) further terms of five (5) years each, epitomising a truly set and forget investment strategy.
- Direct linkage to Camberwell and Hawthorn East, servicing a high residential catchment with an endless array of lifestyle amenity including private schools, public open areas, the famed Camberwell Market, as well high street retail strips along Burke, Camberwell and Riversdale Road’s
- Includes nine (9) secured car parks in addition to ample public streetparking
- Easy access to public transport with tram route 70 & 75 to the MelbourneCBD and nearby suburbs, and a 9-min* walk to Camberwell Train Station, a publictransport breeze for staff and patrons.
482 Riversdale Road, Hawthorn East is For Sale via Public On-Site Auction on Friday, 18th October 2024, at 12.30pm (AEST). Please contact the Tiga team to register your interest, obtain further information or to arrange a private inspection.
