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173 Burgundy Street
Heidelberg VIC 3084
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Sold on 17 May 2016

173 Burgundy Street Heidelberg VIC 3084

  • Shop & Retail
  • 180 m²
  • Sold

SOLD by Miles Real Estate.

PRIME RETAIL INVESTMENT WITH UPSIDE

Prime retail with exciting future development potential (subject to council approval).

New five (5) year lease commencing December 2015, returning $42,500 per annum plus GST and outgoings with annual reviews to 3% (no further option terms.)

Total building area of 95 sq.metres (approx.), situated on a 180 sq.metre (approx.) allotment of land and featuring ROW access with on-site parking.

Located in close proximity to Heidelberg Railway Station and Austin & Mercy Hospitals, the property is set amongst a strong tenancy mix including banks, supermarkets, pharmacies and cafes.

Zoned Commercial 1.

Terms: 10% Deposit, Balance 30/60/90 Days.

Property Highlights

Date Sold17 May 2016
Floor AreaAsk Agent
Land Area180 m²
ParkingAsk Agent
Property ID2012699731
Category
Last updated  17 May 2016
Map for 173 Burgundy Street Heidelberg VIC 3084

Property Highlights

Date Sold17 May 2016
Floor AreaAsk Agent
Land Area180 m²
ParkingAsk Agent
Property ID2012699731
Category
Last updated  17 May 2016

Co-Agents

Damian Wilson
Damian Wilson
Miles Real Estate
Call
0414 339 733
Paul Evans
Paul Evans
Miles Real Estate
Call
0408 144 181

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