Ray White's Commercial Specialist Matt Lazarus in conjunction with Brandon Pilgrim of Ray White Norwood, are both thrilled to present to the market 541-551 Glynburn Road Hazelwood Park. Originally 4 x retail shops fronting onto Glynburn Road & a fitness Centre at the rear. The proprietors of the Base Camp Caf Burnside have taken up all the leases for the whole 604sqm of lettable area and are now operating a bar, their iconic caf and their own fitness business.
No Stamp duty & No GST
Net annual income of $71,190 + GST (current)
For a copy of the information memorandum or to arrange an inspection, please contact Matt
Lazarus on 0430745100.
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign. None of the Sophon Realty Pty Ltd & Sophon Group Pty Ltd Trading As Ray White Norwood, nor any of their respective officers, employees or consultants ("we, us") make any representation, warranty or guarantee, that the Information, whether or not in writing, is complete, accurate or balanced. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or
any further information supplied by or on our behalf, whether orally or in writing. 2. All visual images (including but not limited to plans, photographs, specifications, artist impressions) are indicative only and are subject to change. Any measurement noted is indicative and not to scale. All outlines on photographs are indicative only.3. The Information does not constitute, and should not be considered as, a recommendation in relation to the purchase of the property or a solicitation or offer to sell the property or a contract of sale for the property.
4. You should satisfy yourself as to the accuracy and completeness of the Information through your own inspections,
surveys, enquiries, and searches by your own independent consultants, and we recommend that you obtain
independent legal, financial and taxation advice. This includes as to whether any price is inclusive or exclusive of GST.
5. We are not valuers and make no comment as to value. "Sold/ leased" designations show only that stock is "currently
not available" - not that the property is contracted/ settled. If you require a valuation we recommend that you obtain
advice from a registered valuer.
The size of Hazelwood Park is approximately 0.9 square kilometres. There are 5 parks, covering nearly 17.0% of the total area. The population of Hazelwood Park in 2016 was 1874 people. By 2021 the population was 1953 showing a population growth of 4.2% in the area during that time. The predominant age group in Hazelwood Park is 50-59 years. Households in Hazelwood Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hazelwood Park work in a professional occupation.In 2021, 80.70% of the homes in Hazelwood Park were owner-occupied compared with 79.60% in 2016.
Hazelwood Park has 917 properties. Over the last 5 years, Houses in Hazelwood Park have seen a 41.94% increase in median value, while Units have seen a 59.66% increase. As at 31 August 2026:
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