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69-75 Burgundy Street
Heidelberg VIC 3084
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Sold on 4 Aug 2022

69-75 Burgundy Street Heidelberg VIC 3084

  • Shop & Retail
  • 658 m²
  • Sold

A PROMINENT RETAIL AND OFFICE INVESTMENT WITH SIGNIFICANT DEVELOPMENT POTENTIAL

  • Multi-tenanted freehold investment
  • Significant development potential
  • Diversified income stream with upside

CBRE Melbourne Metropolitan Sales are delighted to present for sale a prominent retail and office freehold investment and landholding located on the tightly held Burgundy Street retail strip and activity centre located at 69-75 Burgundy Street, Heidelberg.

69-75 Burgundy Street, Heidelberg offers investors, developers and landbankers the opportunity to secure a highly exposed 611 square metre* Commercial 1 Zoned landholding with significant rental upside.

The property can be summarised by the key investment highlights:

+A two (2) level retail and office building across 658 square metres* of building area as well as undercroft carparks accessed via multiple entrances

+A high exposure 611 square metre* Commercial 1 Zone corner landholding with outstanding development potential and height precedent from surrounding projects

+A multi-tenanted retail and office building across four (4) separate tenancies with significant rental upside

+Located on Heidelberg's lucrative Burgundy Street retail strip, home to major national retailers and directly across the road from Warringal Shopping Centre

+Immediate proximity to Austin Hospital precinct and within short walking distance to Heidelberg Train Station

For further information please contact the exclusive sales and marketing agents at CBRE:

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

*Approx.

Property Highlights

Date Sold4 Aug 2022
Floor Area658 m²
Land Area611 m²
Parking8 x Onsite parkings
Building TypeWhole building
Property ID2017850298
Category
Last updated  28 Aug 2022
Map for 69-75 Burgundy Street Heidelberg VIC 3084

Property Highlights

Date Sold4 Aug 2022
Floor Area658 m²
Land Area611 m²
Parking8 x Onsite parkings
Building TypeWhole building
Property ID2017850298
Category
Last updated  28 Aug 2022

Listed by

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