New 12-Year Net Lease Longstanding Tenant
38-40 Sheehan Road, Heidelberg West VIC

Stonebridge Property Group & NSL Property Group are pleased to present for sale 38-40 Sheehan Road, Heidelberg West.

  • 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)

*Approximately

 

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

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

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