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Gorman Allard Shelton is pleased to offer this rare opportunity to acquire a substantial warehouse facility situated within this extremely tightly held inner-northern suburban pocket of Heidelberg. 10 Yarra Street, Heidelberg comprises a modern high clearance warehouse with associated office/showroom, hardstand and exceptional rear access, as well as being further underpinned by a large landholding with future development potential. For sale by Expression of Interest closing Thursday 23rd November 2023 at 2pm. The key highlights of the offering are as follows: * Large landholding of 2,023 sqm approx. * Superb warehouse facility of 1,782 sqm approx. * Short-term lease with holding income – suits future occupiers or developers * Leased to long standing tenant - Courtney & Patterson Ford Service Centre with income of $273,181 pa + GST + outgoings * Prime Commercial 1 zoning providing a multitude of uses and future development outcomes * Prominent frontage to Yarra Street of 50+ metres and dual street access via Park Lane * Located within the tightly held mixed-use Heidelberg Activity Centre and positioned within the Heidelberg Structure Plan indicating future building heights of 10 storeys (STCA) * Walking distance to Burgundy Street retail amenity anchored by major supermarket tenants and Warringal Shopping Centre Close proximity to major arterial routes, including the soon to be completed “North-East Link”, Banksia Street, Lower Heidelberg Road and surrounded by major infrastructure and health facilities such as the Austin Hospital Health precinct, Dorevitch Pathology and Warringal Hospital.
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