Issue 40 | The Property Development Review

Property Listings – VIC

Prime Burwood Road Corner Freehold 5 Level Development Potential in Future

MELBOURNE CBD 8KM*

Hawthorn (Melbourne) VIC 549 Burwood Road (corner Henry Street) + New 5 + 5 + 5 year lease to 2037 + Annual fixed 3% increases, ensuring rental growth + Blue-chip 262sqm* landholding with 38 metre* frontage plus ROW + Set-and-forget net lease, 4 month guarantee + Prestigious Burwood Road location between Glenferrie Road and Auburn Road with 19,400 vehicles passing daily 1 + Positioned opposite Swinburne and new 7 level Auborn Lane mixed use development. + Thriving education, hospitality & retail precinct, Swinburne Uni, Bunnings, Beacon, PETstock, Petbarn and 2 train stations all within 1km* + Net Income: $114,625 pa* + GST

BURWOOD RD

Investment Portfolio Auction Wednesday 29 March, Crown Casino, Melbourne

1 GapMaps

Matthew Wright 0458 290 588

Justin Kramersh 0460 349 605

Nick Breheny 0411 601 730

Your Property Prayers Answered Melbourne’s Booming North

Reservoir VIC 34 George Street

+ Large scale development potential surrounded by precedent + Substantial 2,998sqm* landholding with 40m* frontage + General Residential Zone 2 allowing significant development potential and opportunity for townhouses, childcare, place of assembly / place of worship + 800sqm* building with significant occupier value + Melbourne’s expanding Northern Growth Corridor, 500m* to upgraded Reservoir Station + Just 3.3km* from Northland SC, attracting 9.4 million annual customer visits anchored by Woolworths, Coles, ALDI, Myer, Target and Kmart with over 240 specialty stores + Reservoir: population forecast to grow 22.7% to 65,803 residents by 2041

*Boundaries Indicative Only

For Sale by Expressions of Interest Closing 3pm AEST Wednesday 5 April 2023

*Approx

David Napoleone 0417 308 067

Matthew Wright 0458 290 588

Albert Chedid 0449 700 083

58 –March / April 2023

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