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18 The Mall Heidelberg West, VIC 3081

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18 The Mall,
Heidelberg West, VIC 3081

Shops & Retail

Price information

Sold

Range: $830,000 - $970,000

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GREAT EXPOSURE SHOPPING PRECINCT WITH SOLID YIELD!

  • * Strong yield with yearly reviews
  • * Located in well known shopping strip
  • * Great Future Growth and Potential
This freehold premises for sale consists of the front news agency and the rear beauty parlour located on the ground floor plus a two bedroom apartment on the upper level.

Currently returning a strong yield of over $62,400 per annum.

Front Shop: News Agency returning $26,000 per annum on a 4 years lease with 3 further terms. 108 sqm building area

Rear Shop & Upper Level: Health & Beauty Centre & 2 Residential bedrooms/1 bathroom and 1 living room apartment returning $36,400 per annum, on a 5 years lease with 2 further terms.

Located in a well known shopping strip in the Northern suburb with ample open spaces parking spots and great future growth and development potential!

Contact Tze Chan @ 0433 619 128 for more info!

Property ID: 501102263Last Updated: 1 Oct 2014

03 9886 12...
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18 The Mall
Heidelberg West, VIC 3081
JRW Property International - Glen Waverley
73 Railway Parade North
GLEN WAVERLEY, VIC 3150
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