1-5/16 Korong Road, Heidelberg West

Five factories - One enormous opportunity!

SOLD by Miles Real Estate.
This substantial corner Industrial site incorporates a solid income stream with scope to add tremendous value in the short to medium term, in the very popular West Heidelberg Industrial Estate.
- 5 factories on one title
- Total income fully leased circa $125,000 per annum plus GST
- Tenants pay all usual outgoings
- Short term tenancies in place
- Building area: 195 sq. metres (approx.) each - total 975 sq. metres (approx.)
- Total land area: 1,346 sq. metres (approx.)
- Zoned: Industrial 3
- Perfectly positioned close to Latrobe University, Plenty Road and Metropolitan Ring Road (to the North) and Bell Street and Eastern Freeway/Eastlink (to the South)

Terms: 10% Deposit Balance 60/90 Days