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44 Korong Rd 4,521 SF Industrial Building Heidelberg West, VIC 3081 $990,619 ($219.12/SF)
Investment Highlights
- Dual street frontages enhance visibility and provide flexible entry options.
- Zoned Industrial 1 within Heidelberg West’s sought-after business park.
- Rear storage yard supports additional operational efficiency.
- Convenient connectivity to Bell Street, Eastern Freeway, and Metropolitan Ring Road.
Executive Summary
This freehold industrial property, positioned in the tightly held Heidelberg West Business Park, offers exceptional opportunity for owner-occupiers, investors, or developers. Located in Melbourne’s established industrial precinct, the asset combines functionality with future potential, benefiting from close access to Bell Street, the Metropolitan Ring Road, Eastern Freeway, and Melbourne’s CBD.
The 420 m² warehouse sits on a generous land parcel of approximately 673 m², featuring Industrial 1 zoning, dual street frontages, and a rear storage yard for operational convenience. With vacant possession available, businesses can immediately leverage the property’s accessibility and layout, while investors may explore value-add strategies in this land-constrained inner-north market. Excellent vehicle and delivery access further enhance usability for logistics and warehousing functions.
This property represents a rare opportunity to secure a well-located industrial holding with strong connectivity and undeniable upside potential.
The 420 m² warehouse sits on a generous land parcel of approximately 673 m², featuring Industrial 1 zoning, dual street frontages, and a rear storage yard for operational convenience. With vacant possession available, businesses can immediately leverage the property’s accessibility and layout, while investors may explore value-add strategies in this land-constrained inner-north market. Excellent vehicle and delivery access further enhance usability for logistics and warehousing functions.
This property represents a rare opportunity to secure a well-located industrial holding with strong connectivity and undeniable upside potential.
Property Facts
| Price | $990,619 | Lot Size | 0.17 AC |
| Price Per SF | $219.12 | Rentable Building Area | 4,521 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C |
| Price | $990,619 |
| Price Per SF | $219.12 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.17 AC |
| Rentable Building Area | 4,521 SF |
| No. Stories | 1 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Yard
- Automatic Blinds
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44 Korong Rd
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