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SOLD
376 Heidelberg Road, FAIRFIELD, VIC 3078
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Property Highlights

Standalone Office Building: Invest, Occupy, Develop (STCA)

Knight Frank is pleased to offer for private sale this outstanding standalone office building located in a high-profile location.

376 Heidelberg Road provides outstanding potential for investors and developers to add value through refurbishment or a complete redevelopment. Alternatively, the property represents a rare opportunity for owner occupiers to purchase a high-profile standalone office building in an area undergoing significant change.

Key benefits of this outstanding offering include:

• Land Area of 1,072 sqm*, Zoned Commercial 2 under the City of Yarra

• Standalone two-level office building of 830 sqm* with 18 onsite car parks

• Excellent frontage to Heidelberg Road and rear access from Park Crescent

• 75% leased with passing income of $164,628* per annum net (potential fully leased income of $210,000* net per annum)

• Excellent potential for rental growth

• Tightly held location less than 15 minutes (6km) from the CBD.

• Minutes to High Street, Northcote and Station Street, Fairfield retail strips

• Quick access to Eastern Freeway via Chandler Highway

• 700m to Fairfield train station with multiple bus routes (546, 609, 251 & 256) within a short walk

For further information please contact the exclusive agents.

*approx

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