Expressions of Interest

125-127 Upper Heidelberg Road
IVANHOE, VIC 3079

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Property Description

Exceptional Land Rich Investment

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

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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
127359

Price
Contact Agent

Building
350.00m2

DocumentType
Brochure Pdf