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732-734 Heidelberg Road Alphington, VIC 3078

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732-734 Heidelberg Road,
Alphington, VIC 3078

Shops & Retail • Offices • Development Sites & Land

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Map of 732-734 Heidelberg Road

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"Retail, Office or Apartments, Your Choice"

Lease Link Property Consultants are pleased to be able to offer 732 and 734 Heidelberg Rd, Alphington for sale.

The properties enjoy great exposure on busy Heidelberg Rd and are only 250 metres from Alphington train station and enjoy two-street access.

Situated less than 250 metres from the Paper Mill redevelopment (which includes an Aldi, Cinemas and retail) the location is second to none.

The offering comprises two shops on two separate titles with short-term holding income (734 is leased on a month to month basis).

732 Heidelberg Rd has an older shop erected upon it and to the rear of that is a quasi boarding house. Both of these are currently vacant. The construction of both properties is from brick.

The shop (a former cafe) is approximately 60 sqm and the boarding house is circa 100 sqm. The boarding house comprises 5 small rooms.

Both the shop and the boarding tenancy are currently vacant however could be refurbished and relet/occupied. The improvements sit upon a block of circa 371 sqm. The block has an approximate frontage to Heidelberg Rd of 7.5 metres and enjoys access from the rear via a laneway that runs off Park Ave.

734 Heidelberg Rd has a shop erected upon it which is currently let to Woodpecker Floor on a month-to-month basis with no further options. The current passing rental is approximately $1946.55 pcm plus outgoings plus GST. The improvements sit upon a block of circa 363 sqm and have a frontage to Heidelberg Rd of approximately 7.2 metres. It too is accessed from the rear.

The combined frontage of the two lots is circa 14.5 metres.

The current zoning, Commercial 1, makes the properties ideal for the following uses subject to council approval:

* Shop Tops (ground floor retail with apartments above), Up to 17.6M
height limit, Schedule 18, DDO 2.3.4 Precinct 3B
* Offices (Section 1 Use, no permit required. Up to 17.6 metres height
limit. Schedule 18, DDO 2.3.4 Precinct 3B)
* Accommodation (Section 1 Use, no permit required)
* Medical centre
* Food and Drink Premises
* Child care centre (Section 1 Use, no permit required)

For sale as a whole.

Contact Charles Gauci on 0413 7088... for further details.

Property ID: 504350084Last Updated: 27 Nov 2023

0413 708 8...
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732-734 Heidelberg Road
Alphington, VIC 3078
Lease Link Property Consultants - BRIGHTON
Leve1 1, 451 Nepean Hwy
BRIGHTON EAST, VIC 3187
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