38-40 Sheehan Rd, Heidelberg West, VIC 3081

Industrial | Showrooms | Development/Land

For Sale Contact Agent

  • Property ID: 432766
  • Floor Area: 3753m²
  • Land Area: 4850m²
  • Occupancy: Vacant
New 12-year Net Lease To Long Standing Tenant

NSL Property Group and StoneBridge Property Group are pleased to present for sale 38-40 Sheehan Road, Heidelberg West via public Expressions of Interest (EOI) closing Thursday 22nd April 2021 at 2pm AEDT.

- Highly attractive 12 year net lease, with all outgoings including land tax paid by the tenant.
- 100% leased to ‘Simply Delish’, an Australian market leader and award-winning food manufacturer who supply to Coles, Woolworths, Aldi + more.
- High profile 3,753sqm* office and warehouse building situated on a sprawling 4,850sqm* landholding, including 19 exclusive and 24 shared car parks*.
- Located within the tightly held Heidelberg West industrial pocket, only 15km* from the Melbourne CBD.
- Net income of $447,743 p.a* with annual rental increases plus favourable ‘ratchet’ clause (rent cannot decrease)
*Approx.

38-40 Sheehan Road, Heidelberg West is for sale by public Expressions of Interest (EOI) closing Thursday 22nd April 2021 at 2pm AEDT.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

NSL Property Group:
Guy Naselli
0413 750 744

Stonebridge Property Group:
Dylan Kilner
0459 396 341

Property Code: 28

Heidelberg West Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $10587 --- ---
Offices $10587 --- ---
Industrial $1865 $149 7.97%
This is the average advertised price, rent and yield for Heidelberg West, VIC 3081*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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