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Heidelberg Office Investment with 5.75% Return

Suite 116/40 Burgundy Street, HEIDELBERG VIC, 3084

Sold

Property Sold in Suite 116/40 Burgundy Street, HEIDELBERG VIC, 3084

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11323066
Status:
Sold
Price:
Sale: $1,100,000 Lease: $63,087 Annual + Excl. tax
Last Updated:
16/12/2019
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Property Type

Offices
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Land Area

N/A
Icon size

Floor Area

220 SQM
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Parking

N/A

Heidelberg Office Investment with 5.75% Return

CVA Property Consultants are pleased to offer this solid investment for Private Sale located at Suite 116, 40 Burgundy Street, Heidelberg.

Situated on the first floor of a modern multi-use building, the 220m2* suite is currently leased to The Uniting Church in Australia for an annual rent of $63,087.24 per annum* net which commenced in 1st February 2017 for three (3) years & three (3) months with three further terms of three (3) years.

This light filled corner office features seven glass partitioned offices attracting good natural light, boardroom, kitchenette and lunchroom, server and storage room,  air conditioning, ample data and power points, sensored alarm, plus six secure basement car parks and lift access.

This attractive investment is conveniently located 750m* from Heidelberg Station and 3kms* from the Eastern Freeway and is situated next door to Warringal Shopping Centre which is anchored by Coles and Aldi.

For further information please contact CVA Property Consultants.

*approx

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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