236 Lower Heidelberg Road, Ivanhoe East

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