529 Burwood Road, Hawthorn, VIC 3122 sold on 20 May 2025 | OnTheHouse
 
SOLD
Sold on 20 May 2025 for $7,500,000

529 Burwood Road
Hawthorn VIC 3122

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Property Details for 529 Burwood Rd, Hawthorn

Building Type
Commercial
Local Government
Boroondara
Lot/Plan
1/TP970424

Last Listing description (January 2024)

Blue-Chip Development Opportunity With Flexible Holding Income

EXPRESSIONS OF INTEREST CLOSING THURSDAY 16TH NOVEMBER AT 3PM

Colliers are pleased to offer for sale, 529 Burwood Road, Hawthorn via Expressions of Interest closing Thursday 16th November at 3pm. This outstanding two-storey freehold office building represents the ultimate opportunity to secure a commercial asset to add value or develop in one of Melbourne's most tightly held inner-east locations.


Key investment highlights are as follows:

- 1,174sqm Commercial 1 zoned land holding
- Two storey freehold office building totalling 999m*
- Strong holding income with demolition clauses
- In excess of 20m street frontage to Burwood Road with side and rear access
- Huge height precedence set in the immediate area
- Excellent transport networks with Glenferrie Station within 500m from the property
- Walking distance from Swinburne University and Glenferrie Road retail amenity

EXPRESSIONS OF INTEREST CLOSING THURSDAY 16TH NOVEMBER AT 3PM

For more information on the opportunity, please contact the Exclusive Colliers Sales Agents below:

COLLIERS
Alex Browne | +61 418 350 545
Ben Baines | +61 438 328 407
Hamish Burgess | +61 421 641 497

COLLIERS ASIA DESK
James Zhuang | 0473 866 666

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Property History for 529 Burwood Rd, Hawthorn, VIC 3122

A timeline of how this property has performed in the market
Last Sold
$7,500,000
20 May 2025
  • 17 Oct 2023
    Listed for Sale Please contact agent
  • 27 Aug 2020
    Listed for Rent - Price not available
  • 08 May 2019
    Listed for Rent $22100.00
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About Hawthorn 3122

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 16,736 properties. Over the last 5 years, Houses in Hawthorn have seen a 15.34% increase in median value, while Units have seen a -8.07% decrease. As at 31 January 2026:

  • The median value for Houses in Hawthorn is $2,841,710 while the median value for Units is $570,035.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 26 properties listed for sale, and 21 properties listed for rent in Hawthorn on OnTheHouse. According to Cotality's data, 834 properties were sold in the past 12 months in Hawthorn.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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