This exceptional ground floor office suite in the well-regarded 12-14 Cato Street building is offered for private sale.
The suite sits in the south-eastern corner in this immaculate office tower. It benefits from plenty of natural light. Additionally, it is a fully self-contained suite comprising a kitchenette and private bathroom amenity. The lease is secured by director's guarantee and security deposit of 3 months' rent plus GST.
Key property features include:
* Income: $54,722 pa + GST + outgoings
* Three (3) year lease commenced January 2022
* Building area: 153 sqm approx. plus 5 car spaces
* Fitted office with 10 pax boardroom and 3 offices
* Ideal SMSF investment
* Commercial 2 zoning
Nearby amenities include the Tooronga Village Shopping Centre with Coles anchoring the complex and an additional 22 speciality stores. Home HQ is also nearby with Woolworths, Dan Murphy's and Anaconda as tenants. The location is further enhanced by immediate access to the Monash Freeway/Citilink via the Toorak Road entry/exit ramp.
The size of Hawthorn East is approximately 3.5 square kilometres. There are 9 parks, covering nearly 7.3% of the total area. The population of Hawthorn East in 2016 was 14321 people. By 2021 the population was 14834 showing a population growth of 3.6% in the area during that time. The predominant age group in Hawthorn East is 20-29 years. Households in Hawthorn East are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hawthorn East work in a professional occupation.In 2021, 57.80% of the homes in Hawthorn East were owner-occupied compared with 53.10% in 2016.
Hawthorn East has 10,015 properties. Over the last 5 years, Houses in Hawthorn East have seen a -12.82% decrease in median value, while Units have seen a -2.48% decrease. As at 31 July 2026:
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