238 Lower Heidelberg Road Ivanhoe East VIC 3079

Shop & Retail
175 m²
Sold

Prime Site With Scope To Further Enhance!

SOLD By Miles Real Estate.
This perfectly situated shop and dwelling in the heart of the Ivanhoe East retail precinct offers flexibility with two separate income streams, together with scope to add value in the medium term (STCA).

- Total income of $63,000 pa (approx.) for the two tenancies

- Ground floor leased to Brumby's for the past 25 years. Five year option due for renewal in November 2022

- First floor residential tenancy in excellent condition. Leased until September 2022

- Total Building Area: 175 sqm (approx)

- Land Area: 220 sqm (approx.)

- Zoning: Commercial 1

- Additional access and large public car park at the rear of site

- Quality and well supported tenancy mix including Bendigo Bank, Foodworks, various cafes and restaurants, pharmacy, newsagency and fashion stores

- Terms: 10% Deposit, Balance 60/90 days

For a detailed Information Memorandum or to arrange an inspection contact:

Jonathan Rizzo 0404 125 846
Paul Evans 0408 144 181

Miles Real Estate

143 Upper Heidelberg Rd

Ivanhoe, VIC 3079

Property Highlights

Date Sold	8 Apr 2022
Floor Area	175 m²
Land Area	220 m²
Parking	Ask Agent
Property ID	2017561580
Category	Shop & Retail
Last updated

Map for 238 Lower Heidelberg Road Ivanhoe East VIC 3079

Nearest transport* to 238 Lower Heidelberg Road Ivanhoe East VIC 3079

Bus

Train

Tram

Ferry

Carmichael St/Lower Heidelberg Rd (Ivanhoe East)	87 m
Carmichael St/Lower Heidelberg Rd (Ivanhoe East)	93 m
295 Lower Heidelberg Rd (Ivanhoe)	206 m
278 Lower Heidelberg Rd (Ivanhoe East)	213 m

*Within a 4km radius

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Miles Real Estate

143 Upper Heidelberg Rd

Ivanhoe, VIC 3079

Property Highlights

Date Sold	8 Apr 2022
Floor Area	175 m²
Land Area	220 m²
Parking	Ask Agent
Property ID	2017561580
Category	Shop & Retail
Last updated

Listed by

Paul Evans

Miles Real Estate

Call

0408 144 181

More about 238 Lower Heidelberg Road Ivanhoe East VIC 3079

238 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 2017561580.