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175 Burgundy Street, Heidelberg, Vic 3084

175 Burgundy Street, Heidelberg, Vic 3084

Retail

  • Sold Contact Agent
  • Fri 15-Sep-17

  • Land Area
  • 278.00 m² (approx)
  • Floor Area
  • 175 m²
  • Last Updated
  • Oct 13, 2017

Interested in this property? Contact an Agent today

Miles Real Estate - Ivanhoe & Rosanna

143 Upper Heidelberg Road

Ivanhoe Vic 3079

Tim Mitchell, Miles Real Estate - Ivanhoe & Rosanna
Tim Mitchell

Blue Chip Investment - National Tenant

Forthcoming Auction...

This prime Heidelberg retail site offers a secure long term income with potential to add value at a later stage;

- Leased to Nando's Australia Pty Ltd since 2012
- New 5-year lease plus options commencing April 2017
- Current Rental - $60,750.00 per annum plus GST and outgoings
- Annual reviews to 3.5%
- Total land area: 278 sq. metres (approx.)
- On-site parking and rear right of way
- Zoned: Commercial 1
- Close proximity to Austin and Mercy Hospitals, Heidelberg Railway Station and situated within the thriving Burgundy Street retail precinct
- Enormous long term potential to further develop (STCA)

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

For further details or to arrange an inspection contact:
Paul Evans 0408 144 181
Tim Mitchell 0417 339 986

Miles Real Estate.

175 Burgundy Street, Heidelberg, Vic 3084

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