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147 Northern Road
Heidelberg West VIC 3081
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Sold on 17 Nov 2022

147 Northern Road Heidelberg West VIC 3081

  • Shop & Retail
  • 170 m²
  • Sold

VERSATILE INVESTMENT - CIRCA 6% RETURN!

SOLD By Miles Real Estate. Located in Heidelberg West Business Park is this rare opportunity to secure a corner site leased investment with significant upside.

- Land area: 305 sq. metres (approx.)
- Total building area: 170 sq. metres (approx.)
- Zoned Industrial 3
- Rare corner site opportunity with the ability to improve (STCA) in the medium to long term
- Two separate occupancies -
Shop - Three (3) year term from June 2022 with option;
Residence - Twelve (12) months lease - Modern three-bedroom space with all the necessary amenities
- Combined income across both tenancies of $50,388 per annum
- Lock-up-garage with access from the side street
- Access to major arterial roads including Bell Street (South) & Plenty Road (North-East) along with access to local bus routes and Macleod Railway Station 2km away
- Location will only further be enhanced with the Northeast Link Project underway improving accessibility to the Heidelberg West and surrounding suburbs

Terms: 10% Deposit Balance 60/90 Days

For further details or to inspect contact:
Jonathan Rizzo 0404 125 846
Paul Evans 0408 144 181

Miles Real Estate
Miles Real Estate
143 Upper Heidelberg Rd
Ivanhoe, VIC 3079

Property Highlights

Date Sold17 Nov 2022
Floor Area170 m²
Land Area305 m²
ParkingAsk Agent
Property ID2018126525
Category
Last updated  17 Nov 2022
Map for 147 Northern Road Heidelberg West VIC 3081
Miles Real Estate
Miles Real Estate
143 Upper Heidelberg Rd
Ivanhoe, VIC 3079

Property Highlights

Date Sold17 Nov 2022
Floor Area170 m²
Land Area305 m²
ParkingAsk Agent
Property ID2018126525
Category
Last updated  17 Nov 2022

Listed by

Paul Evans
Paul Evans
Miles Real Estate
Call
0408 144 181

More about 147 Northern Road Heidelberg West VIC 3081

147 Northern Road Heidelberg West VIC 3081 is categorized as Shop & Retail Property. It has a floor area of 170 m² and a land area of 305 m². The listing ID for this property is 2018126525.

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