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104-108 Burgundy St 14,510 SF 100% Leased Office Building Heidelberg, VIC 3084 For Sale 8% Cap Rate
Investment Highlights
- Multi-tenanted four-level retail and office building fully leased to established tenants.
- Burgundy Street frontage in Heidelberg’s prime retail and medical precinct.
- Anchored by Commonwealth Bank and other national service providers.
- Fully leased income potential of approximately $600,000 per annum.
Executive Summary
104-108 Burgundy Street offers an outstanding opportunity to acquire a fully leased commercial asset delivering an estimated return of approximately 8%. Anchored by national brands including Commonwealth Bank and multiple established service providers, this four-level property is strategically located in Heidelberg’s premier Burgundy Street retail and health precinct.
With a fully leased income potential of around $600,000 per annum, the building combines diverse retail and office tenancies underpinned by secure lease agreements. The site provides significant on-site parking and exceptional connectivity to public transport, with Heidelberg Railway Station less than 600 meters away. Surrounded by leading healthcare institutions such as Austin Health, Mercy, and Warringal Private hospitals, the location benefits from heavy foot traffic and strong economic drivers.
Positioned just 11 kilometers northeast of Melbourne CBD, this blue-chip investment offers long-term stability and growth potential for investors seeking a high-performing property in a tightly held market.
With a fully leased income potential of around $600,000 per annum, the building combines diverse retail and office tenancies underpinned by secure lease agreements. The site provides significant on-site parking and exceptional connectivity to public transport, with Heidelberg Railway Station less than 600 meters away. Surrounded by leading healthcare institutions such as Austin Health, Mercy, and Warringal Private hospitals, the location benefits from heavy foot traffic and strong economic drivers.
Positioned just 11 kilometers northeast of Melbourne CBD, this blue-chip investment offers long-term stability and growth potential for investors seeking a high-performing property in a tightly held market.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
14,510 SF
Building Class
C
Cap Rate
8%
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,627 SF
Building FAR
1.93
Lot Size
0.17 AC
Amenities
- Bus Line
- Commuter Rail
- Signage
- Natural Light
- Balcony
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104-108 Burgundy St
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