226-232 Belair RoadHawthorn SA 5062
Property Details for 226-232 Belair Rd, Hawthorn
Last Listing description (January 2024)
Raine & Horne Commercial are pleased to present to the market 226-232 Belair Road, Hawthorn for sale by Expression of Interest.
Located on a prime corner site of approximately 1,298m2 along Belair Road this fully leased asset provides well established and secure tenants in the heart of the Mitcham Council commercial precinct.
This property consist of 3 commercial tenants (The Cheesecake Shop, Audika and Pasta Chef) and is situated next to popular fast food chains, busy neighbourhood shops and adjacent Mitcham Shopping Center.
Key features include;
> Fully leased with an estimated net return of approximately $118,245.85* per annum
> Total build area of 282m2 split into three tenancies
> Exposure to 24,200* passing vehicles daily
> Ample on-site parking
> 40m* of frontage to Belair Road
> Entry and exit from both Blair Road & Wemyss Avenue
> Zoned Suburban Activity Centre (SAC)
> Future redevelopment potential
Expression of Interest Close 12th (Tuesday) of December 2023 at 12pm
PRICE GUIDE - In excess of $2.1M
Daniel Romeo 0413 383 370
RLA 205498
*approximately
All figures provided are approximate only
(Any outlines indicative only)
ALL AREAS AND DIMENSIONS ARE APPROXIMATE ONLY AND HAVE NOT BEEN SURVEYED. PROSPECPECTIOVE PRUCAHSERS SHOULD MAKE THEIR OWN ENQUIRES IN REGARDS TO ACCURCY OF ALL DIMEMSIONS
Property History for 226-232 Belair Rd, Hawthorn, SA 5062
- 16 Jan 2024Sold for $2,360,000
- 14 Nov 2023Listed for Sale EXPRESSION OF INTEREST
- 12 Jan 2023Listed for Rent $23,000 / year
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0About Hawthorn 5062
The size of Hawthorn is approximately 1.1 square kilometres. There are 6 parks, covering nearly 9.4% of the total area. The population of Hawthorn in 2016 was 2167 people. By 2021 the population was 2221 showing a population growth of 2.5% in the area during that time. The predominant age group in Hawthorn is 50-59 years. Households in Hawthorn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hawthorn work in a professional occupation.In 2021, 74.60% of the homes in Hawthorn were owner-occupied compared with 72.40% in 2016.
Hawthorn has 958 properties.
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