Share this property

CBRE - Melbourne

3/46-50 Sheehan Road Heidelberg West, VIC 3081

Directions

3/46-50 Sheehan Road,
Heidelberg West, VIC 3081

Warehouse, Factory & Industrial • Showrooms & Large Format Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Car spaces

Parking info

Tenure type

Sold on

CBRE - Melbourne
Jake George
Corey LeFavi
Tim Homes

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
3/46-50 Sheehan Road
Heidelberg West, VIC 3081

Map of 3/46-50 Sheehan Road

Directions

A RARE INVESTMENT OPPORTUNITY WITH A BLUE CHIP TENANT

  • Total Building Area: 1,200sqm*
  • Leased to Napa Auto Parts
  • Highly Desirable Industrial Pocket
CBRE is delighted to exclusively present 3/46-50 Sheehan Road, Heidelberg West for sale via public auction on Thursday 16th June 2022 at 2:30pm AEST.

This 1,200sqm* office/warehouse is located within the highly desired industrial pocket of Heidelberg West, an opportunity to purchase an investment of this quality is rare. The property has great access onto Bell Street and Waterdale Road, and is just 11.5km* from Melbourne’s CBD.

Key features include:
+ Total building area: 1,200sqm*
+ Warehouse area: 900sqm*
+ Office/showroom area: 300sqm*
+ Two (2) container height roller shutter doors
+ High clearance warehouse
+ Full amenities including lunchroom with kitchenette and male & female bathrooms plus 5 showers
+ Fifteen (15) car spaces
+ LED lighting throughout the warehouse


Lease Details:
+ Tenant: GPC Asia Pacific Pty Ltd (Trading as Napa Auto Parts Pty Ltd)
+ Lease term: Five (5) years
+ Further terms: Five (5) years + Five (5) years
+ Lease commencement: 1st June 2020
+ 2.5% annual increases
+ Rental income: $105,062* per annum plus outgoings and GST as of 1st June 2022

GPC Asia Pacific is the largest automotive aftermarket parts supplier in Australia and New Zealand. GPC Asia Pacific resell and distribute automotive replacement parts/accessories and related tools and equipment through a network of 556 stores and 12 advanced distribution centres.

GPC Asia Pacific businesses include:
+ Repco
+ Napa Auto Parts
+ Mcleod Accessories
+ John Titman Racing
+ AMX Super Stores
+ Sparesbox

Please contact the marketing agents for inspection and further information.

*approx.

Property ID: 504075299Last Updated: 2 Jul 2022

CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from CBRE - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.