50 The Mall, Heidelberg West

Long Term Investment!

SOLD By Miles Real Estate.

An exciting opportunity to enter the commercial investment market at a very moderate price point with a strong return of $30,000 pa plus GST and outgoings. Secure 5-year lease started June 2022 with a further 5-year option.

This commercial precinct with active high-rise developments in close proximity with a changing demographic, just 10 kms from Melbourne's CBD.
- Potential for rental growth
- Neighbouring tenancies include pharmacy, fast food shops, Cash Converters and Australia Post
- Bus routes along Bell Street and 2kms from Heidelberg Train Station
- 220 sq. metres (approx.) of floor area
- Heated and air-conditioned

Terms: 10% Deposit Balance 60/90 Days

For further details or to inspect contact:
Mark Dixon 0423 395 699
Paul Evans 0408 144 181