1, 37 Pine Street, Hawthorn, VIC 3122

Sold

POINT OF INTEREST:
Offered for Sale by Public Auction - Wednesday 9th of November 2022 at 12pm.

When your block is also made up of premium residential townhouses that sold for $1.35 million back in 2016, it’s clear that the public is well versed in the value trajectory of owning a piece of 37 Pine Street. Clocking in at 270 sqm* of total building area, you’re also investing in 142 sqm* of land within a blue-chip suburb — two figures appealing to any investor looking to bolster their portfolio with a metropolitan asset. But for those interested in also occupying, 'number one' is street facing with prime orientation to capture passing commuters and the afternoon sun. A fit-out catering for an office that values first impressions and clever functionality, the package also includes two secure car spaces and plenty of storage within the double garage, a notable feature considering you’re only 40 m* from bustling Church Street. There’s also ducted reverse cycle air-conditioning throughout the workplace, male and female bathroom amenities, a kitchenette, and vast windows for generous natural light. Getting here from the rest of Melbourne is simple by car or with a Myki, as taking Church Street gets you onto Bridge Road in 800 m*. The 48, 109, and 75 trams are all within 200 m*, and the Hawthorn railway station is a kilometre from here and services the Alamein, Belgrave, and Lilydale lines. For morning lattes, Morrison’s Coffee is an 80 m* walk while knockoffs are reserved for Butcher & Vine wine bar — only two minutes from your door.

- 270 sqm* total building area.
- 142 sqm* total land area.
- Short term holding income of $65,000 p.a.
- 2 secure garage car spaces.
- Commercial 1 Zoning.
- Ducted reverse cycle air-conditioning throughout.
- Male and female bathrooms with a kitchenette included.
- 40 m* from Church Street.
- 800 m* from Bridge Road.
- 1 km* to Hawthorn Railway Station.
- 5 km* from Melbourne CBD.

POINT OF VIEW:
It’s well-known that Hawthorn residents like to avoid the CBD commute at all costs. It’s why commercial office space is in such short supply here, and why we wouldn’t be surprised if the locals have already heard whispers that this is going on the market.

*Approx.
Pricing excludes GST

• Car Spaces: 2 secure garage car spaces
• Condition: Excellent
• Air Conditioning: Ducted, reverse cycle
• Floors: Carpet / Tile
• Lifts: No
• Height: 2.5 - 2.8m (approx)
• Age: 20 years (approx)
• Car Parking Fees: N/A

• Water Rates: $1,100.00 p.a. approx.
• Land Tax: $714.00 p.a. approx. (Single Holding)
• Council Rates: $2,396.00 p.a. approx.
• Owners Corp. / Insurance: $505.00 p.a. approx. (Insurance only)