245-247 Lower Heidelberg Road, Ivanhoe East

Quality Retail Building With Upside!

Situated in the heart of the Ivanhoe East Retail precinct is this substantial commercial building ideal for a business seeking a significant and flexible floorplate, or an investor to enjoy an existing income stream with enormous upside.

- Building Area:
Ground Floor: 390 sq. metres
1st Floor: 55 sq. metres

Total Area: 445 sq. metres (approx.)

- Includes first floor offices and amenities

- Large retail area, workshop/storage and access to Right of Way at rear

- Public car park at rear of site

- Total Land Area: 418 sq. metres (approx.)

- Zoned: Commercial 1

- Tenancy: Short term lease returning $120,000.00 per annum plus GST and outgoings (Austral Piano World relocating in next 12 to 18 months)

- Tremendous neighbouring tenancy mix including Foodworks, Bendigo Bank, Newsagency and a variety of quality restaurants and cafes

- 9kms north east of Melbourne's CBD

- 8kms to Eastern Freeway

For further details or to arrange an inspection contact:
Paul Evans 0408 144 181
Jonathan Rizzo 0404 125846

Miles Real Estate.