Sold
125-127 Upper Heidelberg Road, Ivanhoe, VIC, 3079
125-127 Upper Heidelberg Road, Ivanhoe, VIC, 3079
Properties / Sold / Victoria / Ivanhoe
Tenanted Investment
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1. Property Summary
Land Area
755 m² (*approx)
Floor Area
350 m² (*approx)
Property Type
Retail, Other
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2. Property Highlights
Exceptional Land Rich Investment
- First Time Offered In Over 50 years!
- Long Lease To Commonwealth Bank
- Premium 755sqm Land Holding
Fitzroys is delighted to offer 125-127 Upper Heidelberg Road , Ivanhoe, for sale via Expressions of Interest closing 18th November at 2pm.
- Commanding two storey freehold comprising bank on ground floor and spacious apartment on first floor
- Absolute prime land holding of 755sqm* with frontage of 10.4 metres* to Upper Heidelberg Road plus rear frontage to Ivanhoe Plaza car park
- 7 year lease plus options to the Commonwealth Bank of Australia (CBA)
- Returning $205,000 per annum* plus GST on a fully leased basis
- Ground floor has been completely refurbished by Commonwealth Bank to suit their new ultra-modern open plan layout
- First floor encompasses a renovated three-bedroom apartment plus courtyard
- Exceptional asset located in the heart of one of Melbourne’s most successful and highly valued retail and lifestyle precincts
- Brilliant position surrounded by national tenants and constant pedestrian traffic
- Metres from Ivanhoe Plaza (anchored by Coles and Liquorland) and Laurent, Enni, Chemist Warehouse and more
- Within flexible Commercial 1 Zone
- Generous land area provides outstanding future value add / re-development potential (stca)
This is a genuine generational opportunity (first time offered in over 50 years) with properties in this section of Upper Heidelberg Road rarely offered to the market.
*approx.
125-127 Upper Heidelberg Road, Ivanhoe - For Sale via Expressions of Interest closing Wednesday 18th November at 2pm
Remember to mention you found this property on CommercialReady.com.au
Read More
Tenanted Investment
1. Property Summary
Property Type
Retail, Other
Land Area
755 m² (*approx)
Floor Area
350 m² (*approx)
2. Property Highlights
Exceptional Land Rich Investment
- First Time Offered In Over 50 years!
- Long Lease To Commonwealth Bank
- Premium 755sqm Land Holding
Fitzroys is delighted to offer 125-127 Upper Heidelberg Road , Ivanhoe, for sale via Expressions of Interest closing 18th November at 2pm.
- Commanding two storey freehold comprising bank on ground floor and spacious apartment on first floor
- Absolute prime land holding of 755sqm* with frontage of 10.4 metres* to Upper Heidelberg Road plus rear frontage to Ivanhoe Plaza car park
- 7 year lease plus options to the Commonwealth Bank of Australia (CBA)
- Returning $205,000 per annum* plus GST on a fully leased basis
- Ground floor has been completely refurbished by Commonwealth Bank to suit their new ultra-modern open plan layout
- First floor encompasses a renovated three-bedroom apartment plus courtyard
- Exceptional asset located in the heart of one of Melbourne’s most successful and highly valued retail and lifestyle precincts
- Brilliant position surrounded by national tenants and constant pedestrian traffic
- Metres from Ivanhoe Plaza (anchored by Coles and Liquorland) and Laurent, Enni, Chemist Warehouse and more
- Within flexible Commercial 1 Zone
- Generous land area provides outstanding future value add / re-development potential (stca)
This is a genuine generational opportunity (first time offered in over 50 years) with properties in this section of Upper Heidelberg Road rarely offered to the market.
*approx.
125-127 Upper Heidelberg Road, Ivanhoe - For Sale via Expressions of Interest closing Wednesday 18th November at 2pm
Remember to mention you found this property on CommercialReady.com.au
Read More
