New priceSold
Superb Retail Investment!
6/40 Burgundy Street, Heidelberg VIC 3084
Last Asking Price - $550,000
RetailSize: n/a
Block size: 2126 m² approx.
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
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
Inspections
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Send an enquiry
Contact Mark Dixon to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
2126 m²*
Other Details
Lot:
1GS
Plan:
PS622155
Legal description:
1GS\PS622155
Maps and area information
Block information
Block size: 2126m² (approx)
Legal description: 1GS\PS622155
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
05 Jul 2024
Sold
Miles Real Estate Ivanhoe
Listed: 19/01/2024
Transfer type: Full transfer
09 Apr 2019
Sold
Miles Real Estate Ivanhoe
Listed: 27/09/2018
Transfer type: Full transfer
Heidelberg suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
7,360
Listing ID: 182230960. This listing has been viewed 1 time. It was first displayed on 19/01/2024 and last updated on 05/07/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.