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17 Burgundy St 4,111 SF Office Condo Unit Offered at $1,554,210 in Heidelberg, VIC 3084
Investment Highlights
- Corner position with leafy park outlook within Heidelberg Activity Centre Core.
- Excellent transport connectivity via train and bus routes.
- Surrounded by major healthcare infrastructure and benefiting from enhanced development zoning.
Executive Summary
486-490 Lower Heidelberg Road is a two-storey office building located in Heidelberg. It is well serviced via public transport through both train and bus services.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 15 |
| Sale Type | Investment |
| No. Parking Spaces | 15 |
Description
This property forms part of a professionally managed strata complex within Heidelberg’s key commercial precinct. Ownership comprises private title to the office suite and exclusive use rights to 15 designated on-title car spaces. The strata framework covers common area management and building upkeep to maintain the quality and integrity of the shared spaces. Each owner contributes proportionally to levies for services such as exterior maintenance, common utilities, and essential compliance measures.
The building benefits from solid construction, modern systems, and well-maintained shared facilities, providing assurance of longevity and operational consistency. Strategic positioning at Burgundy Street and Lower Heidelberg Road ensures excellent visibility and accessibility for all occupants within the strata scheme.
The building benefits from solid construction, modern systems, and well-maintained shared facilities, providing assurance of longevity and operational consistency. Strategic positioning at Burgundy Street and Lower Heidelberg Road ensures excellent visibility and accessibility for all occupants within the strata scheme.
Sale Notes
An exceptional strata-titled office investment in the heart of Heidelberg is now available for acquisition. Offered under a secure 5 + 5 year lease to a national building materials company, the property delivers an annual income of $135,141 plus GST and outgoings, including land tax.
The premises feature a newly refurbished interior with a modern office layout, self-contained amenities, heating, cooling, and private access. Significant value is enhanced by the inclusion of 15 exclusive, on-title car spaces—a rarity in this tightly held commercial precinct.
Positioned within walking distance to Heidelberg Railway Station and moments from Melbourne’s renowned medical hub, the property offers investors strong rental appeal paired with underlying growth potential in one of the city’s well-established healthcare and commercial corridors. This is an ideal opportunity for investors prioritizing income security and long-term capital stability in a premium suburban location.
The premises feature a newly refurbished interior with a modern office layout, self-contained amenities, heating, cooling, and private access. Significant value is enhanced by the inclusion of 15 exclusive, on-title car spaces—a rarity in this tightly held commercial precinct.
Positioned within walking distance to Heidelberg Railway Station and moments from Melbourne’s renowned medical hub, the property offers investors strong rental appeal paired with underlying growth potential in one of the city’s well-established healthcare and commercial corridors. This is an ideal opportunity for investors prioritizing income security and long-term capital stability in a premium suburban location.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 8B | 4,111 SF | Office | $1,554,210 ($378.06/SF) | - |
Unit 8B
| Unit Size |
| 4,111 SF |
| Condo Use |
| Office |
| Price |
| $1,554,210 ($378.06/SF) |
| NOI |
| - |
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Unit 8B
| Unit Size | 4,111 SF |
| Condo Use | Office |
| Price | $1,554,210 ($378.06/SF) |
| NOI | - |
| Sale Type | Investment |
| No. Parking Spaces | 15 |
| Description | |
| This property forms part of a professionally managed strata complex within Heidelberg’s key commercial precinct. Ownership comprises private title to the office suite and exclusive use rights to 15 designated on-title car spaces. The strata framework covers common area management and building upkeep to maintain the quality and integrity of the shared spaces. Each owner contributes proportionally to levies for services such as exterior maintenance, common utilities, and essential compliance measures.<br> The building benefits from solid construction, modern systems, and well-maintained shared facilities, providing assurance of longevity and operational consistency. Strategic positioning at Burgundy Street and Lower Heidelberg Road ensures excellent visibility and accessibility for all occupants within the strata scheme.</li></ul> | |
| Sale Notes | |
| An exceptional strata-titled office investment in the heart of Heidelberg is now available for acquisition. Offered under a secure 5 + 5 year lease to a national building materials company, the property delivers an annual income of $135,141 plus GST and outgoings, including land tax.<br> The premises feature a newly refurbished interior with a modern office layout, self-contained amenities, heating, cooling, and private access. Significant value is enhanced by the inclusion of 15 exclusive, on-title car spaces—a rarity in this tightly held commercial precinct.<br> Positioned within walking distance to Heidelberg Railway Station and moments from Melbourne’s renowned medical hub, the property offers investors strong rental appeal paired with underlying growth potential in one of the city’s well-established healthcare and commercial corridors. This is an ideal opportunity for investors prioritizing income security and long-term capital stability in a premium suburban location.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 35,779 SF | Floors | 2 |
| Property Type | Office (Condo) | Typical Floor Size | 17,890 SF |
| Building Class | C | Lot Size | 0.57 AC |
| Total Building Size | 35,779 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 17,890 SF |
| Lot Size | 0.57 AC |
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Contacts
-
Jeff Stefanidis -
Mathew Dompietro -
Tom Gilbert -
Dylan Ashby -
Joshua Bartlett -
Hudson Bond Commercial Pty. Ltd.
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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17 Burgundy St
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