101-111 Burgundy Street Heidelberg VIC 3084

Burgundy Plaza, 101-111 Burgundy Street, Heidelberg

+ Prominent two (2) level retail & office complex comprising 11 shops & 2 offices

+ Highly exposed corner landholding of 2,520sqm* with dual street frontage of 102m*

+ Extensive rear parking for 31 at grade car spaces on title, further complemented by over 150 council car parks

+ Situated within tightly held Burgundy Street retail strip, home to major national retailers, Austin Hospital & Heidelberg Train Station

+ Strong passing income of $428,600* per annum derived from a diverse range of retail & office tenancies

+ Major long term development potential of 8-10 levels (STCA) fuelled by booming median house price growth of 63% in the past 5 years ($1,195,000**)

For Sale via International Expressions of Interest Closing Wednesday 25th October 2017 at 3pm

*approximately
** Source: REA Group