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236 Lower Heidelberg Road
Ivanhoe East VIC 3079
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Sold on 4 Jul 2022

236 Lower Heidelberg Road Ivanhoe East VIC 3079

  • Shop & Retail
  • 175 m²
  • Sold

Solid Income Stream Plus Potential!

SOLD By Miles Real Estate.
Perfectly positioned in the prime location within the very popular East Ivanhoe Village, is this two-level commercial building enjoying a solid return from dual income streams, ideal for an investor seeking security with scope to add value in the long term.
- Total Income: $75,000 per annum plus GST
- Ground floor Cafe (Picket Fence) on long-term lease with options
- First floor leased to commercial business on a year-to-year arrangement
- Rear Right of Way and public car park
- Building Area: 175 sq. metres (approx.)
- Total Land Area: 220 sq. metres (approx.)
- Zoned: Commercial 1
- Thriving neighbouring businesses including FoodWorks, Bendigo Bank, various cafes and restaurants and long-established fashion boutiques
- Minutes to Burke Road and Eastern Freeway
- 9 kilometres from Melbourne's CBD
- A perfect "set and forget" Commercial Investment

Terms: 10% Deposit Balance 60/90 Days

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

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

Property Highlights

Date Sold4 Jul 2022
Floor Area175 m²
Land Area220 m²
ParkingAsk Agent
Property ID2017788124
Category
Last updated  5 Jul 2022
Map for 236 Lower Heidelberg Road Ivanhoe East VIC 3079

Nearest transport* to 236 Lower Heidelberg Road Ivanhoe East VIC 3079

Bus
Train
Tram
Ferry
Carmichael St/Lower Heidelberg Rd (Ivanhoe East)79 m
Carmichael St/Lower Heidelberg Rd (Ivanhoe East)85 m
295 Lower Heidelberg Rd (Ivanhoe)213 m
278 Lower Heidelberg Rd (Ivanhoe East)221 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Miles Real Estate
Miles Real Estate
143 Upper Heidelberg Rd
Ivanhoe, VIC 3079

Property Highlights

Date Sold4 Jul 2022
Floor Area175 m²
Land Area220 m²
ParkingAsk Agent
Property ID2017788124
Category
Last updated  5 Jul 2022

Listed by

Paul Evans
Paul Evans
Miles Real Estate
Call
0408 144 181

More about 236 Lower Heidelberg Road Ivanhoe East VIC 3079

236 Lower Heidelberg Road Ivanhoe East VIC 3079 is categorized as Shop & Retail Property. It has a floor area of 175 m² and a land area of 220 m². The listing ID for this property is 2017788124.

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