472 Properties Sold in Heidelberg West, VIC 3081

Owner Occupiers - Refurbishment Opportunity!

SOLD By Miles Real Estate. A mid size open plan factory with an expansive work area, offices and toilets.

- Building area 435 sqm (approx.)
- Land area 580 sqm (approx.)
- On site parking for up to 3 cars.
- Air conditioned offices and lunch room
- Some gantry crane infrastructure
- Vacant possession 60-90 days

For further information or to arrange an inspection contact:
Tim Mitchell 0417 339 986

A Rare Find-Occupy Or Invest?

SOLD By Miles Real Estate. This well presented brick factory/warehouse is ideal for a purchaser seeking to consolidate their business within the very popular West Heidelberg Industrial Estate, conveniently situated between Eastern Freeway (12 kms south) and Metropolitan Ring Road (11 kms north).

- Total building area: 470 sq. metres (approx)
- Land area: 673 sq. metres (approx)
- Refurbished office accommodation
- Generous power supply
- Onsite parking for 3 cars
- Suit both owner occupiers or investors
- To be sold with Vacant Possession

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

Industrial Investment With Exciting Potential!

SOLD by Miles Real Estate. Situated in the increasingly popular Heidelberg West Industrial Estate is this impressive set of five factories on one title with multiple income streams & scope for improvement in medium to long term.

- Total building area 975 sq. metres (approx.) - Each factory 195 sq. metres (approx)
- Land Area 1346 sq. metres (approx.)
- Lease status;

Factory 1- Three (3) year Lease from April 18 with further options
Factory 2 - One (1) year lease from May 2019 with one (1) further option
Factory 3 - One(1) year lease from May 2019 with one (1) further option
Factor...

Extensive Street frontage to Dougharty Road of 41.7 meters

SOLD by Miles Real Estate. An impressive building with a certain prominence on this large parcel of land featuring excellent offices /showroom plus good high clearance .
- Building area 1550 sqm
- Land area 2010 sqm approx.
- Zoned industrial 3
- Two street frontages.
- Two roller doors.
- Abutting busy street.
To be sold subject to short term tenancy.
An opportunity that doesn't arise to often, inspection will impress.

Modern Warehouse With Secure Yard!

SOLD by Miles Real Estate. Ideally located this high clearance warehouse presents an exciting opportunity to acquire a low maintenance modern facility in the highly sought after Heidelberg West Industrial Estate. Key features include;

- Total floor area 520 sq. metres (approx.) including 100 sq. metres (approx.) first floor office
- Land area 680 sq. metres (approx.)
- Container height motorised roller door
- Secure front yard
- Ample onsite parking
- Offices split over two levels
- Zoned Industrial 1
- ...

Occupy Or Develop? - Unique Industrial Opportunity

Sold By Miles Real Estate. This substantial parcel of land in the thriving West Heidelberg Industrial Estate offers a variety of options;

- Total land area: 1,440 sq. metres (approx)

- 31 metre frontage to Northern Road

- Functional older style brick office/warehouse of 1,000 sq. metres (approx)

- Two roller doors

- Concept plans for the three high clearance office/warehouses

- Zoned: Industrial 3

- 15 kms north-east of Melbourne CBD

- Close proximity to Metropolitan Ring Road (5kms north) and Bell Street and Eastern Freeway/Eastlink (6kms south)

- To be sold with ...

Spotless!

Sold By Miles Real Estate. A very presentable corner factory, beautifully fitted to a high standard of comfort and adaptable for many uses.

An excellent height throughout with mezzanine offices and storage area. Fully fitted kitchen and toilets.

- Building area 270 sqm including 1st level
- Four offices, flexible as to their uses
- High roller shutter door
- On site parking for 3 cars
- Excellent hard stand front apron for loading/unloading trucks.

Inspection will delight

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

Owner Occupy, Invest or Develop

A fantastic property appealing to both owner occupiers and investor's to secure over 300sqm of industrial land comprising a retail/residential property in a booming Heidelberg West Precinct.

The premises occupies a floor area of approximately 220m2 on a land size of 306m2 with massive upside and future development located on a corner allotment.

Features include:

• Suit Owner Occupiers/Investors/Developers
• Retail Shop of 80sqm & 3 Bedroom Residence
• Building Area: 220m2 approximately
• Land Area 306m2 approximately
• Vacant Possession
• Grease Trap & Canopy
• Industrial Zone
• Rear On-...

THREE FOR THE PRICE OF ONE!!!

Substantial Shop of 161m2 with a upstairs residence comprising two large bedrooms, separate kitchen, bathroom and lounge overlooking its own private terrace. Plus an additional lock up shop of 50m2 with frontage to Oriel Road.
All currently leased, Shop One with residence at $12,023.28pa and Shop Two at
$7968.84pa returning a total of $19992.12pa.
Great potential to renovate and update.
Call anytime for inspection!

Ideal Corner Site Investment!

SOLD by Miles Real Estate. Situated in the Heidelberg West Industrial Estate is a fantastic opportunity for an investor to secure a factory/showroom corner site with good land offering on Waterdale Road. Key features include;

- Building Area: 580 sq. meters (approx.)
- Land Area: 755 sq. metres (approx.)
- Net rental income $39,780.00 per annum
- Lease term of three (3) years commencing from May 2017 plus options
- Excellent access to Metropolitan Ring Road to the North and Bell Street arterial to the South
- 16 Metre (approx.) frontage to Waterdale Road
- Kitchen and toilet amenities
- On...

Investors Take Note!

This high clearance showroom/warehouse is securely leased and enjoys main road exposure in the very popular West Heidelberg Industrial Estate.

- Three year lease expiring October 2020
- Currently returning $51,000 per annum plus GST
- Two further options of three (3) years
- Tenant pays all usual outgoings
- Total Building Area: 615 sq. metres (approx.)
- Land Area: 760 sq. metres (approx.)
- Features include: 6 metre clearance, security access, office accommodation, first floor one bedroom apartment, container height roller door plus loading dock access at front of building

Terms: 10% Depo...

A Rare Find! (Mechanics and Panel Beaters Take Note!)

This versatile factory with rear yard offers a unique opportunity for a business to establish themselves with flexibility to occupy part or as a whole with potential to re-develop at a later stage.

- Building area 300 sq. metres (approx.)
- Total land area 673 sq. metres (approx.)
- Side access to rear yard
- Features include 3 phase power, two roller door access points, reception, office area, security system
- Operational paint oven and preparation booth
- Excellent access to major arterial roads and situated in this very tightly held Industrial Estate
- To be sold with Vacant Possession
...

Solid Lease To Well Established Business- Investors Take Note!

This immaculate industrial warehouse/office offers an investor the opportunity to acquire a high class and versatile property in the sought after Heidelberg Industrial Estate enjoying main road exposure.

- New Three (3) Year lease commencing 1 September 2018 plus options
- Net rental $53,000 per annum plus GST
- Tenant pays all usual outgoings
- Building area: 400 sq. metres (approx.) plus mezzanine
- High access roller door
- Internal clearance 7 metres (approx.)
- Quality office fitout
- Onsite parking for 5 cars
- Industrial 1 Zone
- Excellent access to Metropolitan Ring Road to the North...

Compact And Affordable!

Situated on a corner allotment is this brick factory/warehouse suitable for an owner occupier or a terrific passive investment for your commercial portfolio.

- Clear span and versatile industrial premises enjoying prominent corner exposure

- Ground floor : 200 sq. meters (approx.)
Mezzanine: 95 sq. metres (approx.)
Total building area: 295 sq. metres (approx.)

- Roller door access from Bamfield Road

- Office accommodation

- Long term well established business occupying the premises on a monthly tenancy

- Zoned Industrial 3

- Prime location in the very popular West He...

Secure Warehouse - High Clearance Extension

An exciting opportunity to occupy or invest in the tightly held Heidelberg West Industrial Estate.

Total building area of 460 sq. metres (approx.) including a new high clearance extension at the rear of the premises which features additional mezzanine storage of 70 sq. metres (approx.) with permits to refurbish as modern offices.

Situated on 713 sq. metres (approx.) of Industrial 1 Zoned Land with onsite parking and hardstand surrounded by secure fencing. Significant power supply with recently upgraded switchboards.

To be sold with vacant possession.

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

Expressions of Interest Now Closed

Simply The Best! Immaculate Office/Warehouse

Situated on an elevated corner position at the gateway to the West Heidelberg Estate, and arguably the best building in this very tightly held Industrial precinct;

- Total building area: 3,050 sq. metres (approx.)
- Total land area: 4,127 sq. metres (approx.)
- Zoned: Industrial 3

Features include:

- Two storey fully partitioned air conditioned offices
- Dual roller door access
- Internal clearance of 6.8-7.7 metre clearance
- Substantial power supply
- Perfectly presented extensive staff amenities
- On site parking for 31 cars
- Prime locatio...

COMMERCIAL INVESTMENT OPPORTUNITY!

A superb commercial investment opportunity with abundant residential potential. Occupying a large 596sqm block (approx.) and superbly located just 100 metres from Bell Street Mall shopping and cafes, plus conveniently located for main roads including Bell Street, this is a superb opportunity.
Currently serving as a medical practice, the existing brick building comprises a spacious reception area with gas heating and inbuilt reception desk, three generous consulting rooms, a kitchenette and two toilets. To the rear is a very large backyard, currently paved for car parking, as well as...

PRIME LOCATION WITH MASSIVE POTENTIAL

An exciting opportunity to purchase a stand alone warehouse on a large block with huge exposure to the highly sought after Waterdale Road.

Property Features:

• Site Area - 700sqm approx
• Building Area - 270sqm approx
• Gross Income: $42,000 p.a. + GST
• 5 x 5 Year Lease
• On-Site Car Parking
• Prominent Industrial Location
• Potential Development Site STCA

641 Waterdale Road has close access to major arterial networks, including Dougharty Road, Bell Street and Albert Road. This property is also located only 13 kms from Melbourne's CBD.

Please contact Hudson Bond Commercial for further ...

Affordable Industrial Site!

A perfect opportunity to acquire a solid brick industrial property in the tightly held Heidelberg West Industrial Estate.

- Well presented building of 480 sq. metres (approx.)
- Land area 583 sq. metres (approx.)
- Office/showroom and amenities
- Zoned Industrial 1
- Short term lease in place until February 2019
- Recently replaced roof
- Air-conditioned offices
- On site car parking for four cars

Terms: 10% Deposit. Balance 30/60 Days

For further details or to arrange an inspection contact:
Jonathan Rizzo 0404 125 846
Paul Evans 0408 144 181

New Lease - Corner position - Ideal Investment

Features:
* Full height concrete panel
* Natural light on two sides
* Container height roller door
* Mezzanine Offices
* Air-conditioned offices
* Shower and kitchenette

NEW 2 x 2 year lease.
$28,000 p.a plus outgoings plus GST
3% annual reviews
2 month security deposit

Please contact David on 0419 473 504 to arrange an inspection

The perfect storage unit/ tradesman mancave!!

Located in a secure cluster of 31 storage units. The property is security fenced with remote controlled security gate access and remote controlled container height roller door.

Features:
- storage mezzanine
- shower
- kitchenette
- high clearance warehouse
- container height electric roller door
- dual street access

For further details or to arrange an inspection please contact David on 0419 473 504

UNDER OFFER - Modern Office/Warehouse

Situated in this very popular Industrial Estate is an impressive Industrial premise offering two level office accommodation and high clearance warehouse.

- Total Building Area: 890 sq. metres (approx.)
- 6.7-metre high warehousing
- Substantial pallet racking
- Rear container height roller door
- Generous offices including reception, boardroom, partitioned and open plan office areas and ample amenities
- On-site parking for 14 cars
- Zoned: Industrial 3
- To be sold with Vacant Possession

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

For further details or to arrange an inspection contact;
P...

Prime Corner Location On Busy Road

This very functional brick factory enjoys the benefit of a corner location, with fantastic exposure to Waterdale Road and within easy access to Plenty Rd and Western Ring Rd. Suitable for a variety of uses, property features include:

- Total building area of 230 sqm (approx)
- Land area of 305 sqm (approx)
- Office accommodation and male/female toilet facilities
- 27 metre frontage to Waterdale Road
- Dual roller door access
- Zoned Industrial 1
- On-site car parks and loading bay
- Three phase power
- To be sold with Vacant Possession

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

For fur...

22 Storage Units - SOLD OUT!

IDEAL MANCAVE!!

Features include:
* high clearance warehouse
* security fenced with remote control access
* 3 phase power
* heavy duty mezzanines
* shower and kitchenette.
* 175 sq.m - $450,000

Call David on 0419 473 504 for further details.

Five Star Investment

(New 5-year lease to established business)

This substantial Industrial property offers an investor the opportunity to acquire a high clearance versatile property securely leased in the very popular Heidelberg West Industrial Estate.

- New five (5) year lease plus option to Yann Engineering Pty Ltd
- High clearance building of 2,750 sq. metres (approx.)
- Current rental: $195,000.00 per annum plus GST
- Multiple roller doors, generous power supply
- On-site parking for 28 cars
- Two level office accommodation
- Tenant pays all usual outgoings
- Land Area: 4,047 sq. metres (approx.)
- Zoned...

Office / Warehouse With Yard!

(Potential Plus!)

This versatile Industrial site offers a well-presented office/warehouse with rear yard enabling tremendous potential for a business seeking a site to occupy and further develop in the short to medium term.

- Building Area: 300 sq. metres (approx.)

- Total Land Area: 692 sq. metres (approx.)

- Comprising:
- Well-presented office accommodation
- Warehouse/storage area
- Adequate amenities
- Secure rear yard ideal for future development (STCA)

- Zoned: Industrial 3

Situated in the highly sought after Heidelberg West Estate, 5kms south of Metropolitan Ring Road ...

AUCTION THURSDAY 19TH OCTOBER AT 1PM

Investment With Upside!

Situated in this very popular Industrial Estate, this well presented and versatile brick factory offers an income stream with potential to occupy or add value in the short-medium term.

- Building Area: 490 sq.metres (approx.)
- Land Area: 690 sq.metres (approx.)
- Zoned: Industrial 3
- Lease Details:
- Term: Two (2) year optioned exercised - commencing February 2018
- Current Rent: $29,685.00 per annum plus GST (Market Rent Review February 2018)
- Outgoings: Payable in full by tenant
- Rent Review: Annually to 4%
...

Substantial Basement Storage

Makes this remarkable older style building quite unique. Restored to provide excellent warehouse accommodation, reception and 3 offices. Small kitchen, bathroom and basement storage accessed from a rear ROW.
An additional toilet is situated in the factory.

- First level building area: 500 sqm (approx)
- Basement area: 190 sqm (approx)
- Land area: 645 sqm (approx)
- Zoned industrial 3
- On-site parking and excellent concrete apron for heavy vehicle loading
- Sold subject to 6 x 3 x 3 month lease

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

For further details or to arrange an inspect...

Short Term Income

Then move into this high roof spacious factory with offices and large open space.

- Building Area: 450 sq. metres (approx.)
- 3 large offices
- Male & Female amenities
- Side access
- Rear door to narrow yard
- On-site parking for 3 cars

For further details or to arrange an inspection contact Tim Mitchell 0417 339 986.

Miles Real Estate.

High Clearance Factory/Warehouse

This versatile industrial facility in the very popular West Heidelberg Industrial Estate offers a multitude of features:

- Total Building area: 580 sq. metres (approx.)
- Land area: 670 sq. metres (approx.)
- Excellent internal clearance of 6.3 to 6.7 metres
- Container height roller door
- Generous power supply, solar panels on roof
- Opportunity to separately acquire travelling crane
- On-site parking 3 cars
- Zoned: Industrial 3
- To be sold with vacant possession

The property is ideally located within the West Heidelberg Industrial Estate with good access to Metropolitan Ring Road, Bel...

Ideal Storage Unit - SOLD!!!!

Features include:
* high clearance warehouse
* security fenced with remote control access
* 3 phase power
* heavy duty mezzanine
* shower and kitchenette.
* 245 sq.m - $620,000

Call David on 0419 473 504 for further details.

Residential Development Site

Auction Thursday 29th October at 12noon on site

Knight Frank are pleased to offer for sale by way of Public Auction this fantastic residential development site located close to terrific amenity and public transport. Northland shopping centre, parks, Darebin Creek and the Olympic Leisure Centre are all within walking distance.

This significant development site of 3,319sqm is perfectly positioned for the re-development of Apartments or Townhouses (stca).

Features include:

- Site area 3,319sqm
- Zoned General Residential 1
- Potential for apartment or townhouse development (stca)
...

Multiple Options!

This well positioned corner site offers multiple options for a purchaser seeking flexibility and potential to add value at a later stage.

Situated in the very popular Heidelberg West Industrial Estate, the building comprises the following areas;

Brick Factory/Office: 330 sq. metres (approx.)
Roofed storage/workshop: 100 sq. metres (approx.)
Roofed garage area: 95 sq. metres (approx.)
Total area: 525 sq. metres (approx.)

- Total Land Area: 690 sq. metres (approx.)
- 43 metre frontage to Korong Road
- Zoned Industrial 3
- F...

PRIME CORNER

- Spacious building area of 460 sq. metres (approx.)
- Land area 575 sq. metres (approx.)
- Excellent power supply plus 3-phase power
- Filled with natural light, including small office plus 3 gate entrance
- Flexible floor plan, ideal for a vast variety of uses
- Ideal for owner-occupier, builders, developers and car trade
- Perfect location in tightly held estate
- Zoned Industrial 1

Sold with Vacant Possession.

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

Miles Real Estate.

Investors Take Note!

Securely leased factory/warehouse in one of Heidelberg West's prime locations.

This well presented brick premises offers a unique opportunity for a passive investor seeking an immediate rental return from an established business.

- Building Area: 465 sq. metres (approx.)
- Land Area: 690 sq. metres (approx.)
- 3 year lease commenced February 2017
- Net rental $34,800.00 per annum plus GST
- Tenant pays all usual outgoings
- Perfectly located near Latrobe University, 5km south of Metropolitan Ring Road
- An ideal entry point into the commercial market for the astute investor

Terms: 10% D...

Bonus Rear Yard

An excellent building with further potential in this coveted location.
A well-proportioned building including offices and other staff amenities.
Securely leased and comprising: -

- Building Area: 280 sq. metres (approx.)
- Land Area: 665 sq. metres (approx.)
- On-site parking
- Large rear yard
- Leased until July 2017 with one further option of one (1) year
- Income $22,713.50 per annum
- Tenant pays all outgoings
- Zoned Industrial 1

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

For further details contact Tim Mitchell 0417 339 986

WIDE FRONTAGE

"SOLD by MILES REAL ESTATE"

With excellent on-site parking or a place to set down a container.

This older style factory has good height with many viable alternatives given its brilliant location and attributes.

The complete package:

- Large office and amenities
- An abundance of open work space
- Access to rear yard
- Overholding tenancy
- Building Area: 470 sq. metres (approx.)
- Land Area: 700 sq. metres (approx.)
- Zoned Industrial 1

For further details contact Tim Mitchell 0417 339 986

LAND - A RARE COMMODITY!

Build to your specifications. We offer this ideally located parcel situated on this well-regarded industrial estate.

- Land area of 660 sqm (approx.)
- Zoned Industrial 1
- Small existing building
- Close to La Trobe University and Waterdale Road

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

Miles Real Estate.

THE PERFECT ENTRY LEVEL WAREHOUSE

Nelson Alexander Commercial are pleased to offer for Private Sale this modern industrial warehouse/storage unit with high quality mezzanine level offices.
This affordable commercial property will suit owner occupiers, or entry level commercial investors and is ideally positioned within the Heidelberg West Industrial precinct and within close proximity to La Trobe University.

Key Features:

> Zoning: Industrial 1
> Modern well maintained complex with security gate access
> Size: 155sqm internal floor area
> High quality internal fitout and modern amenities
> High internal clearance
>...

High Calibre Showroom + Warehouse

> Land area: 384 sqm approx.
> Building area: 320 sqm approx.
> Stand alone building providing cutting edge showroom, functional warehouse and fully self contained office with exclusive entry from Percy Street
> Prominent corner position
> Massive frontage to Waterdale Road: 15 metres approx.
> Fully refurbished throughout
> Excellent access - RSD access from Waterdale Road
> Affordable opportunity in tightly held precinct
> Vacant possession
> Suit owner-occupier or investor/superfund

The subject property is strategically positioned on the north-eastern corner of Waterdale Road & Percy S...

SOLD by Miles Real Estate

45 KORONG ROAD, HEIDELBERG WEST - AUCTON 8 DECEMBER 2016 AT 1:00PM

AN AFFORDABLE INVESTMENT!

This prominent corner site offers an opportunity for an investor to acquire a property in the heart of thriving Heidelberg West Industrial precinct.

Currently returning $26,500.00 per annum, the premises is leased to Baxter's Laundry which has occupied the site for 17 years. The current 3-year lease commenced in January 2015 with no further options. The Lessee pays all usual outgoings with annual increases.

- Building Area: 320 sq. metres (approx.)
- Land Area: 426 sq. metres (approx.)
- Zone...

SOLD by Miles Real Estate

A select group of storage facilities built to perfection.

A proven combination of developer and builder reflecting in a high standard of construction.

* 175 sqm (approx.)
* Container height roller doors
* Load rated mezzanine storage
* Seven metre internal height
* Three phase power available
* High bay lights
* Fully fitted bathrooms and shower
* Kitchenettes
* Stamp duty savings for early buyers

Miles Real Estate.

SOLD by Miles Real Estate

This very functional brick factory enjoys the benefit of a corner location, with a versatile rear yard with access from Orthla Avenue adding tremendous upside to the site.

- Total Building Area: 270 sq. metres (approx.)
- Ample office accommodation
- Land Area: 670 sq. metres (approx.)
(40 metre frontage to Orthla Avenue)
- Roller door access to rear yard
- Terrific exposure in the tightly held Industrial Estate
- Zoned Industrial 1
- To be sold with Vacant Possession

Perfect opportunity for an owner-occupier seeking to add value in the short to medium term.

Terms: 10% Deposit. Balanc...

SOLD by Miles Real Estate

A MULTIPLE OF OPTIONS - WAREHOUSE AND YARD!

This well presented brick warehouse offers tremendous flexibility with side yard / storage area in the very popular Heidelberg West Industrial Estate.

- Building Area: 430 sq. metres (approx.)
- Total Land Area: 675 sq. metres (approx.)
- Office accommodation plus excellent natural light throughout
- On-site parking for 3 cars
- Zoned Industrial 1

To be sold with Vacant Possession.

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

Miles Real Estate.

SOLD by Miles Real Estate

This high clearance Industrial building in the heart of the West Heidelberg Industrial Estate offers a tremendous opportunity to acquire a substantial premises with a short term income.

- Building Area 1,000 sq. metres (approx.)
- Land Area 1,385 sq. metres (approx.)
- Returning $65,000.00 per annum, plus GST and outgoings
- Lease expires January 2018 - No option
- Office accommodation
- 3 phase power, excellent natural light, high clearance (5.5 - 7 metre)
- On-site parking for 8 cars
- Perfectly situated in tightly held Estate - Metropolitan Ring Road (5km North) and East Link/Eastern Fre...

SOLD by Miles Real Estate

FULLY RENOVATED AFFORDABLE FACTORY!

A unique opportunity to secure a recently renovated commercial property in a tightly held location.

Enjoying excellent exposure, this factory of 95 sq. metres (approx.) is ideal for a variety of uses.

Suitable for owner-occupiers or an affordable commercial investment.

Features a new roof, rendered facade, two car spaces, toilet, shower, three phase power and excellent natural light.

Zoned Industrial 1.

For further details contact Damian Wilson 0414 339 733
Tim Mitchell 0417 339 986

BUY ONE OR BUY BOTH!

SOLD by Miles Real Estate
Two Factories Plus Rear Land - To Be Sold Separately

These two industrial sites offer an opportunity for both investors and owner-occupiers to acquire two very affordable factories with additional land, offering scope for further development.

No. 29 Korong Road
- Monthly lease to Harden Packaging
- Returning $1,960.00 per calendar month plus GST
- Tenant pays outgoings
- Building Area: 325 sq. metres (approx.)
- Land Area: 673 sq. metres (approx.)

No. 31 Korong Road
- Monthly lease rent $1,960.00 per calendar month plus GST & outgoings
- Tenant pays ou...

High Yielding Industrial Investment

> Rare investment opportunity
> Net income: $295,000 pa approx.
> Leased to well-regarded tenant: Jade MC Australia P/L - 44 years in business
> Brand new lease: 7 years + 5 years + 5 years
> Significant landholding of 4,081 sqm approx.
> Building area: 3,219 sqm approx.
> Superb parkland views
> Abundant on-grade carparking
> Zoned: Industrial 3

Ideally positioned on the western side of Sheehan Road, between Northern and Dougharty Roads and is located only 13 kms from Melbourne's CBD.

42-44 Sheehan Road has excellent access to local arterial networks, including Plenty Road, Bell Street and...

Metro Investment with Long Term Tenancy

New 5 year lease to February 2021 plus options to 2031.
Fixed 2.5% annual rent increases.
Tenant pays usual outgoings except Land Tax.
Well established 23 year old business with solid history.
Principally modern building with 2 level office area and large warehouse.
Large 592 sqm landholding in versatile Industrial 1 zoning.
Heidelberg West: One of metro Melbourne's highest growth suburbs (11% residential growth in 2015).
Rent: $58,000 pa.

Interstate and local bidding by prior arrangement.

Auction 11am AEDT Wednesday 6 April.
River Room, Crown Casino Melbourne.

A SOUND INVESTMENT!

SOLD by Miles Real Estate
This clear span factory on an allotment of 670 sq.metres (approx.) enjoys an income of $31,500.00 per annum, on a new four year lease commencing January 2016.

The property is located within the very tightly-held Industrial Estate, perfectly positioned between Metropolitan Ring Road (North) and Bell Street Arterial (South).

The new four (4) year lease includes annual increases. All usual outgoings are paid by the tenant

A terrific entry into the commercial market at a very affordable level.

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

Contact Tim Mitchell 0417 339...