Late Arrival Snaps Up Investment

By Aldo Galante June 21, 2019

493 Tooronga Road, Hawthorn East_SOLD

A local Hawthorn East resident buys her local eatery at 493 Tooronga Road, Hawthorn East.

The property sold at auction with 3 competitive bidders. The purchaser was delighted to buy a renovated, securely leased, hassle free investment. The Vendor achieved an uplift in value of over 200% since purchasing the property in 2005.

493 Tooronga Road, Hawthorn East_2

Click here or the image below to find out the sold price, land rate, and building rate in a downloadable PDF document.

Download Commercial Property Sale Results

If you are thinking of selling your commercial property, we'll help you with what you need early on in the process. Feel free to contact us today.

Don't Forget to Share this Insight


Aldo Galante

Written by Aldo Galante

For over 30 years, Aldo has been at the forefront of Australia’s fast-evolving property industry. He served as President of the prestigious Australian Property Institute (Vic), providing determinations on rent-reviews and valuations

Are you up to date with what’s happening in the market & the industry?

REGISTER FOR MARKET UPDATES

More Insights

Commercial Real Estate Topics

see all

Planning To Sell Your Property?

Let us help you take the first step towards growth & greater knowledge with GormanKelly