59 St Hellier Street, Heidelberg Heights

Substantial Site With Enormous Upside!

SOLD by Miles Real Estate.
This unique commercial property lies within the highly sought after Heidelberg Heights location, surrounded by well-established residential properties and in close proximity to Bell Street and Heidelberg's thriving retail and medical precincts in Burgundy Street, including national brand retailers and Austin, Mercy and Warringal Hospitals.
- Total Land Area: 1,456 sq. metres (approx.)
- Building Area: 1,486 sq. metres (approx.)
- Zoned: Industrial 1
- Tenancies: Multiple tenancy areas including Hustle and Thrive Fitness Studio with potential for approximately fully leased net income of $170,000.00 pa
- On-site parking: 16 cars
- Features include: Rear right of way access to basement parking, existing factory, first floor offices, fitness studio tenancy and separate tenancy utilised for food preparation business
The property will suit both owner-occupiers seeking the benefits of a commercial site without being immersed within an Industrial Estate, and also tremendous potential for developers wishing to further enhance in the medium term (STCA).

Terms: 10% Deposit Balance 90 Days
For further details or to inspect contact:
Paul Evans 0408 144 181
Jonathan Rizzo 0404 125 846
Tim Mitchell 0417 339 986

1,456 sq. metres approx.
Price Confidential
Contact Agent View Floorplan
Static Google Map


Heidelberg Heights

Hilltop views of both Melbourne’s CBD and the distant the mountains define this tranquil, riverside suburb of rich historical and contemporary appeal.

Read More

Contact our commercial experts for trusted guidance on sales or leasing.

Read More