41 Lower Heidelberg Road Ivanhoe VIC 3079

SOLD by Miles Real Estate.
An affordable and prominently located corner site offering two separate tenancies with potential to occupy or add value at a later stage.
- Total land area: 277 sqm (approx.)
- 41 Lower Heidelberg Road - Leased to June 2027, returning $28,500 per annum (approx.), plus gst at July 2024
- 1 Linton Street - Leased to October 2025, plus 2 year option, returning $20,500 per annum, plus gst
- Tenants pay all outgoings (excl. Land Tax)
- Excellent exposure to Lower Heidelberg Road
- Close proximity to Ivanhoe Grammar School
- Tremendous potential at an affordable price point

Terms: 10% Deposit, Balance 60/90 Days