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Miles Real Estate - Ivanhoe

31 The Mall Heidelberg West, VIC 3081

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31 The Mall,
Heidelberg West, VIC 3081

Shops & Retail
Added 5 days ago

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Miles Real Estate - Ivanhoe
Mark Dixon
Paul Evans

Miles Real Estate - Ivanhoe

143 Upper Heidelberg Road
IVANHOE, VIC 3079
Miles Real Estate - Ivanhoe
31 The Mall
Heidelberg West, VIC 3081

Map of 31 The Mall

Directions
  • Train stations within 5 km of 31 The Mall, Heidelberg West, VIC 3081Distance
    Heidelberg Station1.9 km
    Eaglemont Station1.9 km
    Rosanna Station2.2 km
    Ivanhoe Station2.2 km
    Darebin Station2.9 km
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  • Tram stops within 5 km of 31 The Mall, Heidelberg West, VIC 3081Distance
    Kooyong Road1.9 km
    49-Murray Rd/Plenty Rd (Preston)2.9 km
    50-Sylvester GR/Plenty Rd (Preston)2.9 km
    51Wood StPlenty Rd Preston3 km
    48-Gower St/Plenty Rd (Preston)3 km
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  • Bus stops within 5 km of 31 The Mall, Heidelberg West, VIC 3081Distance
    The Mall/Bell St (Heidelberg West)88 m
    The Mall/Oriel Rd (Heidelberg West)112 m
    Plunkett StBell St Bellfield161 m
    Bell StOriel Rd Bellfield239 m
    Oriel RdBell St Bellfield264 m
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POWERED BY HERE ©

Expressions of interest closing Thursday 5th March at 4pm - Significant Asset with Huge Upside!

A rare opportunity to secure a large commercial property in the heart of Heidelberg West's retail precinct.

Located centrally in The Mall, this versatile asset boasts an impressive 857 sqm of building area (approx.), on 557 sqm (approx.) of Commercial 1 zoned land, making it ideal for investors, developers or owner-occupiers seeking scale, flexibility and long-term growth.

The large space with multiple frontages enables the purchaser to enjoy the use of the entire space or look to split into multiple spaces and make use of the large footprint.

Key highlights:

- Substantial 857 sqm (approx.) of building area
- Set on 557 sqm (approx.) of land
- Commercial 1 zoning
- 18-metre frontage (approx.)
- Activate frontage to 128 car parks
- First floor office with separate external entry
- Suitable for retail, medical, showroom, office, hospitality or mixed-use
- Neighboring Melbourne Polytechnic Heidelberg Campus
- Excellent future value or re-purposing potential

Surrounded by established businesses including Aldi, Chemist Warehouse, IGA, Subway and strong local businesses, this property presents an outstanding opportunity, in a tightly held inner-north growth corridor.

Terms: 10% Deposit, Balance 60/90 Days

Heidelberg West, 3081 demographic data

The median household income for Heidelberg West is $1,257, 34% lower than Greater Melbourne's household income of $1,901. Heidelberg West has a younger age profile compared to the rest of Greater Melbourne (median age 35 vs 37). Property ownership data shows 60% of property owners in Heidelberg West have a mortgage.

5,252
Population
$1,257 per week
Median household income
35 years
Median age
Renters
Most residents
Families
Most households

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