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6/40 Burgundy Street
Heidelberg VIC 3084
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Sold on 4 Jun 2024

6/40 Burgundy Street Heidelberg VIC 3084

  • Shop & Retail
  • 95 m²
  • Sold

Superb Retail Investment!

    SOLD By Miles Real Estate.
    Situated in the well-established Burgundy Street retail precinct is this opportunity to invest in a high-quality modern flagship building with limited overheads.
    - Building area: 95 sqm (approx.)
    - Three (3) year lease from 15/1/2022 - no further term
    - Current rental $30,900 pa, plus GST with annual review to 3% with tenant paying all outgoings (except land tax)
    - Two (2) on-site car parks on title
    - Ample parking in basement for customers
    - Zoned Commercial 1
    - Located in close proximity to Warringal Shopping Centre (Coles, Bakers Delight, Aldi), along with Leo's Supermarket and a vibrant assortment of retail businesses and Warringal Parklands
    - Excellent investment for a long-term investor underpinned by the limited vacancies in the retail strip
    - Short walk to Heidelberg Train Station, Mercy, Austin and Warringal Private Hospitals as well as the Heidelberg law precinct close by

    Terms: 10% Deposit, Balance 60/90 Days

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

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

    Property Highlights

    Date Sold4 Jun 2024
    Floor Area95 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018701050
    Category
    Last updated  5 Jul 2024
    Map for 6/40 Burgundy Street Heidelberg VIC 3084
    Miles Real Estate
    Miles Real Estate
    143 Upper Heidelberg Rd
    Ivanhoe, VIC 3079

    Property Highlights

    Date Sold4 Jun 2024
    Floor Area95 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018701050
    Category
    Last updated  5 Jul 2024

    Co-Agents

    Mark Dixon
    Mark Dixon
    Miles Real Estate
    Call
    0423 395 699

    More about 6/40 Burgundy Street Heidelberg VIC 3084

    6/40 Burgundy Street Heidelberg VIC 3084 is categorized as Shop & Retail Property. It has a floor area of 95 m². The listing ID for this property is 2018701050.

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