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457 Heidelberg Road, Fairfield, VIC, 3078

  • 160 sqm / approx

FANTASTIC FAIRFIELD INVESTMENT OPPORTUNITY

Nelson Alexander Commercial are delighted to offer For Private Sale this prominent corner freehold, fully renovated throughout and comprising 3 separate tenancies, all on established leases.

This superb property boasts a prime corner position with huge exposure to Heidelberg Road and is situated amongst numerous established local businesses and within close proximity to Eastern Freeway, High Street, Queens Parade and the Station Street Shopping and Lifestyle Precinct.

Currently comprising a ground floor retail shop leased to a successful café operator (trading as Hoppa & Joe), rear ground floor office and a stylish 1st floor residence.

Key Property Features –

• Land size 198m² (approx.)
• Building size 160m² (approx.)
• Rear off street parking for 2 cars
• Rental income of $76,060 pa + 60% of building outgoings
• 3 separate tenancies on established leases
• Café Rent $31,800 pa plus GST plus outgoings
• Beauty Salon Rent $20,800 pa plus GST plus outgoings
• Residential Rent $23,988 pa
• Recently refurbished building with fantastic corner exposure
• Close to public transport, Eastern Freeway access, High Street, Queens Parade and Station Street lifestyle precincts and so much more
• Only 7km (approx.) to Melbourne CBD
• An outstanding investment opportunity not to be missed

For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

Contact Agent

 
  • 160 sqm / approx

Price Guide

CONTACT AGENT


Fairfield

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