100 Burgundy StreetHeidelberg VIC 3084
Property Details for 100 Burgundy St, Heidelberg
Last Listing description (November 2023)
Appleby Commercial are pleased to offer this excellent retail investment located in the heart of the vibrant Heidelberg Central Shopping Precinct. The site is currently leased to Proof Pizzeria (R & D Patel Group Pty Ltd) at a rental of $49,687.61 per annum plus GST plus outgoings. The lease is in its second term of 5 years which commenced on the 1/8/2020. The lessee has one further option of 5 years remaining.
This is a brilliant opportunity to secure a retail shop in first rate location.
PROPERTY ATTRIBUTES
Building size: 104 m2
Land size: 108 m2
High Profile Location
Long Term Tenant
Rear Access
Commercial 1 Zone
Close to Public Transport
For further information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.
Property History for 100 Burgundy St, Heidelberg, VIC 3084
- 25 May 2023Listed for Sale Contact Agent
- 25 Nov 2016Sold for $1,450,000
- 03 Nov 2016Listed for Sale Not Disclosed
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About Heidelberg 3084
The size of Heidelberg is approximately 2.9 square kilometres. There are 13 parks, covering nearly 20.0% of the total area. The population of Heidelberg in 2016 was 6225 people. By 2021 the population was 7360 showing a population growth of 18.2% in the area during that time. The predominant age group in Heidelberg is 30-39 years. Households in Heidelberg are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg work in a professional occupation.In 2021, 55.50% of the homes in Heidelberg were owner-occupied compared with 57.20% in 2016.
Heidelberg has 4,428 properties. Over the last 5 years, Houses in Heidelberg have seen a -2.56% decrease in median value, while Units have seen a -5.34% decrease. As at 31 July 2026:
- The median value for Houses in Heidelberg is $1,470,133 while the median value for Units is $641,173.
- Houses have a median rent of $690 while Units have a median rent of $575.
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