376 Heidelberg Road Fairfield VIC 3078

Knight Frank is pleased to offer for private sale this outstanding standalone office building located in a high-profile location.

376 Heidelberg Road provides outstanding potential for investors and developers to add value through refurbishment or a complete redevelopment. Alternatively, the property represents a rare opportunity for owner occupiers to purchase a high-profile standalone office building in an area undergoing significant change.

Key benefits of this outstanding offering include:

Land Area of 1,072 sqm*, Zoned Commercial 2 under the City of Yarra
Standalone two-level office building of 830 sqm* with 18 onsite car parks
Excellent frontage to Heidelberg Road and rear access from Park Crescent
75% leased with passing income of $164,628* per annum net (potential fully leased income of $210,000* net per annum)
Excellent potential for rental growth
Tightly held location less than 15 minutes (6km) from the CBD.
Minutes to High Street, Northcote and Station Street, Fairfield retail strips
Quick access to Eastern Freeway via Chandler Highway
700m to Fairfield train station with multiple bus routes (546, 609, 251 & 256) within a short walk

For further information please contact the exclusive agents.

*approx