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236 Lower Heidelberg Road Ivanhoe East VIC 3079

  • Shop & Retail
  • 175 m²
  • For Sale, $1,720,000

Solid Income Stream Plus Potential!

    Perfectly positioned in the prime location within the very popular East Ivanhoe Village, is this two-level commercial building enjoying a solid return from dual income streams, ideal for an investor seeking security with scope to add value in the long term.
    - Total Income: $75,000 per annum plus GST
    - Ground floor Cafe (Picket Fence) on long-term lease with options
    - First floor leased to commercial business on a year-to-year arrangement
    - Rear Right of Way and public car park
    - Building Area: 175 sq. metres (approx.)
    - Total Land Area: 220 sq. metres (approx.)
    - Zoned: Commercial 1
    - Thriving neighbouring businesses including FoodWorks, Bendigo Bank, various cafes and restaurants and long-established fashion boutiques
    - Minutes to Burke Road and Eastern Freeway
    - 9 kilometres from Melbourne's CBD
    - A perfect "set and forget" Commercial Investment

    Terms: 10% Deposit Balance 60/90 Days

    For further details or to inspect, contact:
    Paul Evans 0408 144 181
    Jonathan Rizzo 0404 125 846

    Property Highlights

    Floor Area175 m²
    Land Area220 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2017788124
    Category
    Last updated  3 Jun 2022
    Map for 236 Lower Heidelberg Road Ivanhoe East VIC 3079

    Property Highlights

    Floor Area175 m²
    Land Area220 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2017788124
    Category
    Last updated  3 Jun 2022
    143 Upper Heidelberg Rd Ivanhoe VIC 3079
    Jonathan Rizzo
    Jonathan Rizzo
    Miles Real Estate
    Paul Evans
    Paul Evans
    Miles Real Estate

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