16 Beatrice Avenue,
Heidelberg West, VIC 3081

Warehouse, Factory & Industrial • Offices • Shops & Retail

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Metro Investment with Long Term Tenancy

Renewed 5yr Lease with Options to 2031
Established Business of 23 Years
Tightly Held and High Growth Corridor

New 5 year lease to February 2021 plus options to 2031.
Fixed 2.5% annual rent increases.
Tenant pays usual outgoings except Land Tax.
Well established 23 year old business with solid history.
Principally modern building with 2 level office area and large warehouse.
Large 592 sqm landholding in versatile Industrial 1 zoning.
Heidelberg West: One of metro Melbourne's highest growth suburbs (11% residential growth in 2015).
Rent: $58,000 pa.

Interstate and local bidding by prior arrangement.

Auction 11am AEDT Wednesday 6 April.
River Room, Crown Casino Melbourne.

Property ID: 501884734Last Updated: 15 Aug 2016

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