Stonebridge Property Group are pleased to present for sale 678 Burwood Road, Hawthorn East (Intersection of Camberwell Road).

Key highlights include:

– Occupied by Pacific Detailers, a proven Melbourne car wash operator with over a decade of experience, on a 5-year net lease with fixed rental increases

– Providing annual income of $225,000* + GST + Outgoings

– The established car wash tenant offers hand wash, paint protection, car detailing and an automatic wash service allowing for 24/7 customer convenience and increased revenue potential

– Untapped potential to develop a 991sqm* site supported through strategic vendor favoured development clauses (activated from Aug 2022), flexible Commercial 1 Zoned land and over 43m* of street frontage

– Located in the affluent and sought-after suburb of Hawthorn East, just 6.5km* from the Melbourne CBD (median house price $2,050,000*^).

– Positioned on the heavily trafficked intersection of Burwood & Camberwell Roads providing Pacific Detailers exposure to 19,000* passing cars daily^^.

– A tenant well suited and supported by the surrounding Hawthorn East demographic:- 59.8%* of Hawthorn East residents commute to work via car – highlighting carwash demand- With a median weekly income 27.5%* higher than greater Melbourne, Hawthorn East residents have a high level of disposable income

* Approximately
^ Source: realestate.com.au
^^ Source: Vicroads

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:

Rorey James
0439 400 081

Kevin Tong 汤聪瑜
0422 848 818

Nic Hage
0448 782 594

Property Code: 250