1075 Heidelberg Road Ivanhoe VIC 3079

SOLD by Miles Real Estate.
Situated at the gateway to Ivanhoe Commercial Precinct, is this very prominent retail site encompassing a 27 metre frontage to Heidelberg Road.

With a long-term established business and the property securely leased until May 2028, it provides an ideal investment opportunity with future upside.

The property provides exciting long-term potential with a mixed-use zoning offering a variety of development options (STCA).

Minutes to Darebin Train Station, Ivanhoe Grammar School and the Ivanhoe Commercial Precinct incorporating cafes, restaurants, Woolworths, Coles and a multitude of national retail brands.

- Land area: 326 sq. metres (approx.)
- Zoned Mixed Use
- Five-year lease commencing May 2023
- Currently returning $75,000 per annum plus GST
- Tenant pays all usual outgoings (excluding Land Tax)
- Enormous potential
- 10km from the CBD

Terms: 10% Deposit Balance 60/90 Days

For further details or to inspect contact:
Mark Dixon 0423 395 699
Paul Evans 0408 144 181