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DESCRIPTION:Prime Burgundy Street Corner - Invest\, Develop & Capitalise!\n
 Expressions of interest closing Friday 4th December at 4pm\n\nAn outstandi
 ng opportunity to secure a prominent corner holding in the heart of Heidel
 berg's tightly held commercial precinct.\n\nPositioned along busy Burgundy
  Street and immediately adjacent to Heidelberg's major medical and hospita
 l precinct\, the property occupies an impressive 722 sqm approximately of 
 Commercial 1 Zoned land\, benefiting from exceptional surrounding amenity\
 , strong passing traffic and a highly sought-after inner north-east locati
 on.\n\nThe property comprises three retail shops\, currently generating a 
 combined income of approximately $223\,000 per annum plus outgoings\, prov
 iding purchasers with an attractive income stream while considering the pr
 operty's longer-term potential.\nThe substantial 722 sqm* corner landholdi
 ng presents an exciting opportunity for future redevelopment and intensifi
 cation (STCA)\, with the existing income providing an ideal holding strate
 gy for developers and investors alike. The area has experienced significan
 t investment and transformation in recent years\, with multiple large-scal
 e developments completed throughout Heidelberg\, further highlighting the 
 strength and ongoing evolution of the precinct.\n\nThe location is a major
  highlight\, situated within close proximity to Austin Hospital\, Mercy Ho
 spital for Women\, Warringal Private Hospital and Heidelberg Train Station
 \, together with major national retailers including Coles\, Woolworths\, A
 LDI\, Chemist Warehouse and Bakers Delight.\n\nKey Features\n\n- Prime 722
  sqm (approx.) corner landholding\n- Commercial 1 Zone\n- Prominent Burgun
 dy Street position\n- Three established retail shops\n- Combined income of
  approximately $223\,000 p.a. + outgoings\n- Outstanding investment with s
 ignificant future development potential (STCA)\n- Located within an area t
 hat has seen multiple large-scale developments completed\n- Strategic posi
 tion adjoining Heidelberg's major hospital and medical precinct\n- Close p
 roximity to Heidelberg Train Station\n\nTerms of sale: 10% deposit\, balan
 ce in 30/60/90 days
DTEND:20261204T160000
DTSTAMP:20261029T081942Z
DTSTART:20261204T160000
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SUMMARY:Expression Of Interest: 164-166 Burgundy Street\, Heidelberg VIC
UID:CRE-2021286287-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Prime Burgundy Street Corner - Invest
 \, Develop & Capitalise! <br/> Expressions of interest closing Friday 4th 
 December at 4pm <br/>  <br/> An outstanding opportunity to secure a promin
 ent corner holding in the heart of Heidelberg's tightly held commercial pr
 ecinct. <br/>  <br/> Positioned along busy Burgundy Street and immediately
  adjacent to Heidelberg's major medical and hospital precinct\, the proper
 ty occupies an impressive 722 sqm approximately of Commercial 1 Zoned land
 \, benefiting from exceptional surrounding amenity\, strong passing traffi
 c and a highly sought-after inner north-east location. <br/>  <br/> The pr
 operty comprises three retail shops\, currently generating a combined inco
 me of approximately $223\,000 per annum plus outgoings\, providing purchas
 ers with an attractive income stream while considering the property's long
 er-term potential. <br/> The substantial 722 sqm* corner landholding prese
 nts an exciting opportunity for future redevelopment and intensification (
 STCA)\, with the existing income providing an ideal holding strategy for d
 evelopers and investors alike. The area has experienced significant invest
 ment and transformation in recent years\, with multiple large-scale develo
 pments completed throughout Heidelberg\, further highlighting the strength
  and ongoing evolution of the precinct. <br/>  <br/> The location is a maj
 or highlight\, situated within close proximity to Austin Hospital\, Mercy 
 Hospital for Women\, Warringal Private Hospital and Heidelberg Train Stati
 on\, together with major national retailers including Coles\, Woolworths\,
  ALDI\, Chemist Warehouse and Bakers Delight. <br/>  <br/> Key Features <b
 r/>  <br/> - Prime 722 sqm (approx.) corner landholding <br/> - Commercial
  1 Zone <br/> - Prominent Burgundy Street position <br/> - Three establish
 ed retail shops <br/> - Combined income of approximately $223\,000 p.a. + 
 outgoings <br/> - Outstanding investment with significant future developme
 nt potential (STCA) <br/> - Located within an area that has seen multiple 
 large-scale developments completed <br/> - Strategic position adjoining He
 idelberg's major hospital and medical precinct <br/> - Close proximity to 
 Heidelberg Train Station <br/>  <br/> Terms of sale: 10% deposit\, balance
  in 30/60/90 days</P></body></html>
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