38-40 Sheehan Road Heidelberg West VIC 3081

Factory, Warehouse & Industrial
3,753 m²
Sold

RECORD INDUSTRIAL RESULT AS AGGRESSIVE RETAIL BUYERS EYE NEW ASSET CLASS

12-year net lease longstanding tenant
Outgoings inc. land tax paid by tenant
Supplier to Coles, Woolworths & Aldi

Stonebridge Property Group & NSL Property Group are pleased to present for sale 38-40 Sheehan Road, Heidelberg West.

- Highly attractive 12 year net lease, with all outgoings including land tax paid by the tenant.
- 100% leased to Simply Delish, an Australian market leader and award-winning food manufacturer who supply to Coles, Woolworths, Aldi + more.
- High profile 3,753sqm* office and warehouse building situated on a sprawling 4,850sqm* landholding, including 19 exclusive and 24 shared car parks*.
- Located within the tightly held Heidelberg West industrial pocket, only 15km* from the Melbourne CBD.
- Net income of $447,743 p.a* with annual rental increases plus favourable ratchet clause (rent cannot decrease)

*Approx.

Expressions of Interest now closed.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Stonebridge Property Group:

Rorey James
0439 400 081

Dylan Kilner
0459 396 341

Kevin Tong
0422 848 818

EXPRESSION OF INTEREST

Closing date and time	22/04/2021 14:00
Recipient name	Ask Agent
Delivery address	Ask Agent

Property Highlights

Date Sold	4 May 2021
Floor Area	3,753 m²
Land Area	4,850 m²
Energy	Ask Agent
Parking	19 x Onsite parkings
Building Type	Whole building
Property ID	2016880119
Category	Factory, Warehouse & Industrial Offices
Last updated	15 Jun 2021

Map for 38-40 Sheehan Road Heidelberg West VIC 3081

Property Highlights

Date Sold	4 May 2021
Floor Area	3,753 m²
Land Area	4,850 m²
Energy	Ask Agent
Parking	19 x Onsite parkings
Building Type	Whole building
Property ID	2016880119
Category	Factory, Warehouse & Industrial Offices
Last updated	15 Jun 2021