Government Security + Upside

SOLD

21 Yarra Street

Heidelberg VIC 3084

Retail

FOR SALE

1028m2

Ray white Commercial proudly presents this outstanding opportunity for the astute investor/developer to take advantage of the Value Add potential of this Corporate Office Building. Currently Leased to a Government Agency with no further options allows the astute investor or developer the upper hand to negotiate a new Lease or vacant possession at the expiry of the term.
• Leased to Government Agency
• Rental $231,886 pa
• Lease: Expiry 1st July 2016
• Options Nil
• Building Area | 1,028.7m2 approximately
• Basement 25 spaces
• Zoning | Commercial 1
• Future Development (STCA)