Unique Parkside Opportunity

79, Power Street, HAWTHORN, VIC, 3122

Save

530.00 m2

View Photos

Overview

GrayJohnson is delighted to offer for sale this stand-alone building abutting Hawthorn’s beautiful Grace Park.

This distinctive office building has a loft-style ambience with high ceilings, excellent natural light and exceptional parkland vistas. The current fitout consists of open plan offices, meeting rooms, kitchen and amenities over two levels. Secure off-street parking for up to eight cars is accessed from the rear laneway.

This versatile building would suit a range of uses including a combined home and office, allied health or wellness facility or professional offices. Owing to its prestige location and proximity to shopping, eateries and transport, it also has outstanding potential for a boutique residential development^.

The opportunity:
• Building area 530 sqm*
• Land area 680 sqm*
• Expansive main road frontage: 15.62m*
• Two frontages
• Unique parkland aspect
• Main road exposure with excellent potential for signage^
• Secure off street carparking
• Prestigious Hawthorn location with development upside^
• Zoned Neighbourhood Residential

The location:
• Blue chip position in proximity to high profile neighbours including healthcare and well-known corporates
• Great access to public transport – metres to Hawthorn railway station and Burwood Road tram (Route 75)
• Adjacent to Grace Park
• Close to Burwood and Glenferrie Road shopping strips with cafés, eateries and pubs including the popular Elgin Inn & Gibson’s Wine Bar
• Minutes to Hawthorn Aquatic & Leisure Centre and Glenferrie Oval

*approx ^STPA

Key Details

Status

For Sale

Type

Offices

Contact

Matt Hoath

Director & Auctioneer (melbourne)

mhoath@grayjohnson.com.au

0418 543 714

Contact Agent

Stay up to date

Property updates to your inbox

Commercial to the core

Our blog keeps you informed

BE SEEN, BE SUCCESSFUL

Prominent Main-Road Warehouse/Office This property enjoys a prime position within the Heidelberg West Business Park, an established and tightly held industrial precinct just south of La Trobe University, some 15

The “Ugly Duckling” Strategy: Finding Hidden Value in Secondary Office Stock

In my four decades across the Melbourne property landscape from selling some of the CBD’s first apartments in 1984 to my current role at GrayJohnson I’ve seen every cycle the

Their interests are our priority

David Ellis

PAE Investments Pty Ltd

The asset management team helped us bring the building up to scratch, and we had plenty of interest, lots of inspections and positive feedback. We sold at the top of the range with multiple offers on the table. Senior Asset Manager, Marcel, was our key game player, Matt was a great coach & our long-term financial goal is on track.

Di & David Haggett

Communication throughout was first class. They helped us understand the market, our options and fought hard to get us a great price. We would highly recommend GrayJohnson if you’re looking for a commercial property partner.

Peter Kirkpatrick

Charter Keck Cramer

To date, they have achieved just shy of $20 million in sales, for 27 properties and have just been appointed to sell another. We wouldn’t hesitate to recommend Matt, Rory and their team at Gray Johnson to sell your commercial property.

Egbert Pereira

EPA Group Accountants

Matt was exceptional. He helped me understand the commercial market challenges, seller expectations and intricate purchasing processes at auction to secure the purchase. Promptness and clear communications were some amazing visible qualities.

Tony Licciardi

Safetynet Investments

Thoroughly professional, they keep you informed through out the leasing process, they will do the hard yards to secure a tenant that will suit your premises. I cannot highly recommend GrayJohnson any more for they work hard to achieve the best outcome for their clients.

Edward McDermott

DCM Lawyers

GrayJohnson were able to find us our new offices quickly and diligently. They continue to be professional and reliable in the management of our tenancy and are always available to assist with any matter if required.

Matt Marshall

Smart Freight

Rory White helped us sell our offices in Richmond. He was professional, accessible and passionate about getting a good result (which he did). I would definitely use again.

Trent O'Sullivan

Balance Advertising

I loved the fact that they had my back, negotiated hard and kept me up to speed through the whole process. The fact is they know what they're talking about, they have the insights and I benefited from that.

Sonya Miller

Armitage Jones

We would like to put on record our genuine appreciation and commendation for the services provided by the GrayJohnson sales team. The final negotiations were handled with the utmost professionalism and skill.

Matt Power

Balance Property Partners

GrayJohnson achieved two property sales in difficult markets with limited buyers and a difficult finance/banking environment. In both cases, Matt, Rory and the team at GrayJohnson worked hard to ensure a result for both vendors.

Melbourne

Level 7, 41 Exhibition Street, Melbourne 3000

Tel: 03 9654 3022

Kew

657 High Street, Kew East 3102

Tel: 03 9817 1144

Company

Services