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173 Burgundy Street Heidelberg, VIC 3084

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173 Burgundy Street,
Heidelberg, VIC 3084

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SOLD by Miles Real Estate.

PRIME RETAIL INVESTMENT WITH UPSIDE

Prime retail with exciting future development potential (subject to council approval).

New five (5) year lease commencing December 2015, returning $42,500 per annum plus GST and outgoings with annual reviews to 3% (no further option terms.)

Total building area of 95 sq.metres (approx.), situated on a 180 sq.metre (approx.) allotment of land and featuring ROW access with on-site parking.

Located in close proximity to Heidelberg Railway Station and Austin & Mercy Hospitals, the property is set amongst a strong tenancy mix including banks, supermarkets, pharmacies and cafes.

Zoned Commercial 1.

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

Property ID: 501906882Last Updated: 30 Jun 2016

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173 Burgundy Street
Heidelberg, VIC 3084

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