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46-48 Burgundy Street, HEIDELBERG VIC, 3084

For Sale
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Property for Sale in 46-48 Burgundy Street, HEIDELBERG VIC, 3084

Miles Real Estate

143 Upper Heidelberg Road, Ivanhoe, VIC 3079

Listing ID:
11377042
Status:
Active
For:
Sale
Last Updated:
03/08/2020
Price:
Contact Agent
Icon building

Property Type

Retail
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Land Area

378 SQM
Icon size

Floor Area

321 SQM
Icon parking

Parking

N/A

Two Shops - One Exciting Opportunity

(Potential net income of $100,000 per annum)

Located directly adjacent to the Warringal Shopping Centre with tenancies including Coles, Aldi, T K Maxx and Bakers Delight is this dual retail premises on an attractive parcel of land at the gateway to Heidelberg's thriving Burgundy Street retail precinct.

- Total Land Area: 387 sq. metres (approx)

- Zoned: Commercial 1

- Tenancy Details:
46 Burgundy Street - Vacant (Potential rent $45,000.00 per annum plus outgoings)
48 Burgundy Street - 5 year lease commenced November 2018 returning $54,500.00 per annum)

- Scope to occupy and enjoy separate income, or as a passive investment with dual income stream and develop in the long term

- Onsite parking via rear right of way

- Burgundy Street tenancies include Flight Centre, Chemist Warehouse, Ferguson Plarre, Leos Supermarket and numerous cafes and Restaurants

- Minutes to Heidelberg Railway Station and Warringal Park Lands

- Close proximity to Austin, Mercy and Warringal Private Hospitals

- Terms: 10 Deposit - Balance 30/60/90 Days

For further details or to arrange an inspection please contact:
Jonathan Rizzo 0404 125 846
Paul Evans on 0408 144 181

For more details, please email agent

Miles Real Estate

143 Upper Heidelberg Road, Ivanhoe, VIC 3079


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