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)
• 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