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Fitzroys - Melbourne

119 Burgundy Street Heidelberg, VIC 3084

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119 Burgundy Street,
Heidelberg, VIC 3084

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Key property information

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Fitzroys - Melbourne
David Bourke

Fitzroys - Melbourne

Level 27, 360 Collins Street
MELBOURNE, VIC 3000
04077057...
Fitzroys - Melbourne
119 Burgundy Street
Heidelberg, VIC 3084

Map of 119 Burgundy Street

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Healthy Heidelberg Investment

  • Multi tenanted freehold
  • Total rental $94,454.78 p.a. net
  • Dual frontages
Fitzroys is delighted to offer 119 Burgundy Street Heidelberg for sale via Public Auction on 6th December at 1pm on site.

Key features of this property include:

- Rare opportunity to acquire a mixed use freehold building located within the heart of popular Heidelberg Retail & Lifestyle precinct
- Multi tenanted investment comprising ground floor pharmacy plus medical and office tenancy over the upper levels
- Dual frontage to Burgundy Street and Leo’s Supermarket car park
- Total rental of $94,454.78* p.a. plus GST & outgoings
- Land Area: 185sqm*
- Council car park at rear
- Surrounded by notable tenants including: Leo’s Supermarket, Chemist Warehouse, Coles, Aldi, ANZ, Commonwealth Bank, Nandos and many more
- Zoned: Commercial Zone 1
- Significant value add potential (STPA)
- Dynamic and tightly held location close to public transport, Austin and Mercy Hospitals, recreational and lifestyle amenity

*approx

Additional information

Heidelberg, 3084 demographic data

The median household income for Heidelberg is $2,012, 6% higher than Greater Melbourne's household income of $1,901. Heidelberg has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 48% of property owners in Heidelberg have a mortgage.

7,360
Population
$2,012 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000

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