146-148 Burgundy Street, Heidelberg
Income With Upside! - First Time Offered in 90 Years
SOLD By Miles Real Estate. A truly unique opportunity to acquire this Commercial site enjoying dual income streams with potential to develop in the short to medium term (STCA).
Ideal to hold and maximise the site at a later stage or to partially occupy and continue to lease one tenancy.
- Total Land Area: 435 sq. metres (approx)
- 11 metre frontage to Burgundy Street
- Two retail tenancies returning $75,000 per annum plus GST and outgoings
- Ample parking via Sheffield Lane at rear
- Adjacent to Leo's Supermarket and close proximity to Coles, Aldi, Heidelberg Railway Station and Austin and Warringal Hospitals
- Zoned: Commercial 1
- Terms: 10% Deposit Balance in 60/90 days
Neighbourhood
Heidelberg
From hilltop views of the mountains to tranquil riverside living and an array of options in-between, Heidelberg is a diverse suburb of rich historical and contemporary appeal.
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