Watch Watch
Your home of Development Ready videos
Watch Watch
All Videos
Back
Sold Check
Back to results
Properties / Sold / Victoria / Fairfield
Save
Share
Sold

376 Heidelberg Road, FAIRFIELD, VIC 3078

+9 Photos
/
Images
Close
376 Heidelberg Road, FAIRFIELD, VIC 3078
×
Sold Check
+11 Photos
376 Heidelberg Road, FAIRFIELD, VIC 3078

376 Heidelberg Road, FAIRFIELD, VIC 3078

Properties / Sold / Victoria / Fairfield
Development Potential

1. Property Summary

Property Type
Commercial
Land Area
1,072 m² (*approx)
Selling Method
Auction: Wednesday 10th April at 12 noon on-site
Show All

2. 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

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Commercial
Land Area
1,072 m² (*approx)
Selling method
Auction: Wednesday 10th April at 12 noon on-site

2. 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

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Download Development Site Report

3. Property Location

376 Heidelberg Road, FAIRFIELD, VIC 3078

Property Map
Street View

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
376 Heidelberg Road, FAIRFIELD, VIC 3078 Fairfield
Knight Frank - Mulgrave
Knight Frank - Mulgrave
Nexus Corporate Park Level 3, 10 Nexus Court Mulgrave, VIC, 3170
View Agency Profile