1 & 2/623 Waterdale Road, Heidelberg West

Ideal Investment - Two Factories One Title!

SOLD By Miles Real Estate. Located within Heidelberg West Business Park is this perfect opportunity for an owner-occupier to occupy one of the two factories and obtain a solid income from the other or an investor to secure a dual occupancy factory warehouse on a generous parcel of land with plenty of upside. Key features include:
- Land area: 719 sqm (approx.)
- Building area: Total building area across both factories is 401 sqm (approx.). Front Factory - 204 sqm (approx.), Rear Factory - 197 sqm (approx.)
- On-site parking for both occupants
- Original front factory with high access modern dual roller door factory at the rear
- Front factory now vacant, with the rear returning $26,000 per annum, plus GST and outgoings on a three year term from August 2022
- Versatile floor plan in spotless condition suitable for a variety of uses
- Zoned Industrial 1
- 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:
Jonathan Rizzo 0404 125 846
Paul Evans 0408 144 181