• 12-year net lease longstanding
• Outgoings inc. land tax paid b
• Supplier to Coles, Woolworths

NSL Property Group is 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.