229-231 Lower Heidelberg Road, Ivanhoe East

Investment With Upside!

SOLD by Miles Real Estate.
(Four Income Streams on Substantial Allotment)
Perfectly situated in the heart of Ivanhoe East's boutique yet dynamic commercial precinct, is this Commercial 1 zoned site offering flexibility to continue to enjoy an income from multiple tenancies, or to further enhance in the short to medium term.

- Two retail shops and two 3 bedroom apartments built in 2000
- Current total income approximately $105,000 per annum, with potential rental growth
- Total Land Area: 415 sq. metres (approx.)
- Rear right-of-way provides access to on-site parking for 8 cars
- Directly opposite Foodworks and surrounded by a vibrant tenancy mix including Bendigo Bank, various fashion boutiques and cafes & restaurants
- Minutes to Eastern Freeway and 8kms North-East of Melbourne's CBD
- Information Memorandum available upon request
- 10% deposit, balance 30/60/90 days

For further details or to inspect contact:
Paul Evans 0408 144 181
Jonathan Rizzo 0404 125 846

415 sq. metres approx.
Price Confidential
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Ivanhoe East

Ivanhoe East is a tightly-held residential enclave with large family homes, a delightful shopping village and park-fringed southern border following the contours of the Yarra River.

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