240 Lower Heidelberg Road, Ivanhoe East

A Quality Investment Opportunity!

(Two Separate Income Streams)

SOLD By Miles Real Estate. This modern two level Commercial building, built in 2005, offers two securely leased tenancies in the heart of the East Ivanhoe retail precinct.

The property incorporates very well established businesses, providing the perfect passive investment for your commercial portfolio.

- Total Income: $84,470.00 pa, plus GST

- Land Area: 220 sqm (approx)

- 240 Lower Heidelberg Rd - Leased to Barr'd on a current 3 year lease comm. April 2020, plus option

- 240A Lower Heidelberg Rd - Leased to Peyton Waite Surveyors on a current 3 year lease comm. April 2020, plus option

- Tenants pay all usual outgoings

- Surrounded by a quality tenancy mix including Foodworks, Brumbys, Bendigo Bank, Newsagency and a variety of cafes and restaurants

- Minutes to Eastern Freeway and 8kms from Melbourne's CBD

For further details or to arrange an inspection, contact:
Jonathan Rizzo 0404 125 846
Paul Evans 0408 144 181
Miles Real Estate.