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137-139 Upper Heidelberg Road
IVANHOE, VIC 3079

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Property Description

Super Prime Ivanhoe Trophy Investment

  • First time offered in 60 years!
  • Exceptional investment located in the heart of one of Melbourne’s most successful and highly valued retail precincts
  • Commanding two storey freehold of 505sqm approx. comprising 2 shops and first floor gym
  • Land area of 263sqm with frontage of 13.33 metres approx. to bustling Upper Heidelberg Road
  • 5 year leases to Laurent Bakery, Romano’s Restaurant and Vision Personal Training
  • Returning $218,000 per annum approx.
  • Brilliant position surrounded by national tenants and constant pedestrian traffic
  • Property directly abuts Ivanhoe Plaza (anchored by Coles and Liquorland)
  • This is a rare opportunity to secure a landmark Ivanhoe property with an excellent tenant profile, significant passing income and strong future upside

For Sale by Public Auction: Friday 1st June at 1pm on site

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Consultant

Chris Kombi

M: 0438 156 236
E: kombic@fitzroys.com.au

Chris James

M: 0421 779 714
E: jamesc@fitzroys.com.au

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Property Information

Property ID
116120

Price
Contact Agent

Building
505.00m2

Land
263.00m2

DocumentType
Brochure Pdf