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101-111 Burgundy Street Heidelberg, VIC 3084

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101-111 Burgundy Street,
Heidelberg, VIC 3084

Shops & Retail • Development Sites & Land

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THE JEWEL OF MELBOURNE'S EXCLUSIVE NORTH EAST CORRIDOR

Burgundy Plaza, 101-111 Burgundy Street, Heidelberg

+ Prominent two (2) level retail & office complex comprising 11 shops & 2 offices

+ Highly exposed corner landholding of 2,520sqm* with dual street frontage of 102m*

+ Extensive rear parking for 31 at grade car spaces on title, further complemented by over 150 council car parks

+ Situated within tightly held Burgundy Street retail strip, home to major national retailers, Austin Hospital & Heidelberg Train Station

+ Strong passing income of $428,600* per annum derived from a diverse range of retail & office tenancies

+ Major long term development potential of 8-10 levels (STCA) fuelled by booming median house price growth of 63% in the past 5 years ($1,195,000**)


For Sale via International Expressions of Interest Closing Wednesday 25th October 2017 at 3pm


*approximately
** Source: REA Group

Property ID: 502569778Last Updated: 6 Sep 2021

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101-111 Burgundy Street
Heidelberg, VIC 3084
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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