Great Investment ??? No Sweat! GormanKelly is pleased to offer 586 Burwood Road, Hawthorn for Sale. Comprises a fantastic opportunity to invest in the best of both worlds with a ground floor retail tenancy of 197m2 together with high quality first floor two/three bedroom apartment with separate rear access and parking. The retail tenancy enjoys a ceiling height of 6.6 metres and would be well suited to creation of additional commercial floor space at a low cost (STCA). The retail component is leased to Chris??? Gym for $54,000pa plus outgoings & GST being a long standing secure tenant and an icon of Burwood Road Hawthorn for close to 20 years while the first floor is also leased for $28,080 for two years with no options. The total current annual rental is $82,080 plus outgoings & GST. 586 Burwood Road, Hawthorn is located on the southern side of Burwood Road near the corner of Auburn Road. The property is located approximately 8km* east of the Melbourne CBD within the municipality of the Boroondara City Council. Burwood Road is a major arterial road that runs from Camberwell through to Hawthorn, where it merges with Bridge Road. Furthermore the property is in close proximity to the following facilities: - Located near the intersection of Auburn Road providing various retail shops, cafes and the Geebung Polo Club Hotel. - Only a short walk to Auburn Train Station; - Located near Glenferrie Road with tram and train services and various retailers including ANZ, NAB, Coles, McDonalds and various other national retailers; - Easy access to the major south-eastern thoroughfares including Auburn Road, Riversdale Road, Burke Road and the Eastern Freeway; - Close to Recreational Facilities such as the Central Gardens and Victoria Road Reserve, to name a few. Lot/Plan No: 2/LP2696