Melbourne, 30 July 2013- A specialist medical owner-occupier has purchased a restored, period property in the heart of Hawthorn for $2.7 million.
Located at 759 Burwood Road, the refurbished medical centre is situated on a 1,320sqm site and includes improvements of 800sqm.
CBRE’s Scott Orchard, Jamus Campbell and Mark Wizel marketed the premises jointly with Jellis Craig agents Andrew MacMillian and Steven Abbott. It was sold by public auction.
The Residential Zoned property, which was built in the 19th century, features multiple consultancy rooms, a reception area, onsite parking and additional amenities. It also offers 23 metres of frontage onto Burwood Road.
Mr Orchard said the property’s aesthetic elements and strategic location were key selling factors.
“The new owner was attracted to the grandeur of this restored period premises and its close proximity to the Camberwell and Auburn train stations, as well as Swinburne University, top private schools, local parksand the popular Burke Road retail strip,” Mr Orchard said.
Hawthorn East is located 7.8km east of Melbourne CBD.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website atwww.cbre.com.au.