643-645 Waterdale Road, Heidelberg West

Invest &/or Occupy? Two Factories - Income Plus Potential!

SOLD By Miles Real Estate.
This substantial site with a thirty metre frontage enjoys high exposure on Heidelberg West's main arterial road.

The property enables the opportunity for a buyer to occupy and receive an income with potential to expand in the short to medium term.

- Total land area: 1,390 sqm (approx.)
- No. 643 Waterdale Road - bldg. area 280 sqm (approx.), leased to long-term tenancy, returning $35,000 pa, until December 2024
- No. 645 Waterdale Road - bldg. area 510 sqm (approx.), vacant
- Rear car parking/storage area
- Thriving Industrial estate keenly sough by businesses
- Close proximity to La Trobe University plus Plenty Road and access to the Ring Road (North), Bell Street Arterial (South), all in close proximity
- Proposed North East Link Project (NELP) creating greater access to the Heidelberg West Business Park in the medium to long term

Terms: 10% Deposit, Balance 60/90 days

For further details or to inspect contact:
Paul Evans 0408 144 181
Damian Wilson 0414 339 733
Jonathan Rizzo 0404 125 846