Gorman Allard Shelton has the pleasure in offering this exceptional investment asset for sale by way of immediate Private Sale.
The property provides buyers with the chance to acquire this classic three-level "Auburn Village" freehold building, comprising ground floor retail and upper-level residential, located within one of the eastern suburb's most tightly held retail shopping strips.
Key property features comprise:
* Two tenancies each with separate access
* Ground & 1st Floor offered with vacant possession
* Second-floor residence with longstanding tenant
* Potential fully let income: $52,500 pa + GST
* Building area: 130 sqm
* Metres from Auburn Train Station and walking distance to Swinburne University
* Favourable Commercial 1 zoning providing flexibility
* Rear access via Queens Avenue
Located within the tightly held "Auburn Village" shopping strip surrounded by a dynamic mix of local businesses as well as an abundance of lifestyle and public transport amenity.
Open for Inspection:
Friday 29th July: 2.00pm - 2.30pm
The size of Hawthorn is approximately 5.9 square kilometres. It has 29 parks covering nearly 10.8% of total area. The population of Hawthorn in 2016 was 23511 people. By 2021 the population was 22322 showing a population decline of 5.1% in the area during that time. The predominant age group in Hawthorn is 20-29 years. Households in Hawthorn are primarily childless couples 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, 51.80% of the homes in Hawthorn were owner-occupied compared with 45.90% in 2016.
Hawthorn has 16,713 properties. Over the last 5 years, Houses in Hawthorn have seen a -2.42% decrease in median value, while Units have seen a -9.64% decrease. As at 30 April 2026:
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