42 Chancellor Avenue,
Bundoora, VIC 3083
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Nelson Alexander Commercial - FITZROY
187 Gertrude StFITZROY, VIC 3065
42 Chancellor Avenue
Bundoora, VIC 3083
Map of 42 Chancellor Avenue
Prime Freehold Investment Opportunity
Nelson Alexander Commercial are delighted to offer For Private Sale this impressive and versatile property in the heart of the University Hill precinct. With a brand new 5 year lease (1+2+2) this is the perfect set and forget investment opportunity. Prominently located at a high-profile address, it enjoys 24/7 access, the 86 tram a short walk away and the lifestyle benefits of University Hill at the doorstep. A well-planned mix of partitioned offices and open-plan space across its three stylish and substantial levels, this beautifully presented space delivers a dynamic workspace and a unique freehold investment. This is a fantastic investment opportunity that we highly recommend.
Property Features:
• Zoned Special Use (SUZ3)
• Building Area 237m2 (approx.)
• Brand New 5 Year Lease (1+2+2)
• Lease Start Date 06/11/23
• Current Rent $39,000 pa plus gst plus outgoings
• Rent Reviews 4% PA
• Premium fitout including deluxe kitchen, fitted offices plus boardroom
• Fully self contained with heating and cooling throughout
• Includes double garage with two secure carparks
• Abundant on-street parking
• Footsteps to University Hill Shopping Centre
• Well served by public transport
• Moments from The Western Ring Road
• Perfect set and forget investment opportunity
• Fantastic freehold opportunity that we highly recommend!
Property Features:
• Zoned Special Use (SUZ3)
• Building Area 237m2 (approx.)
• Brand New 5 Year Lease (1+2+2)
• Lease Start Date 06/11/23
• Current Rent $39,000 pa plus gst plus outgoings
• Rent Reviews 4% PA
• Premium fitout including deluxe kitchen, fitted offices plus boardroom
• Fully self contained with heating and cooling throughout
• Includes double garage with two secure carparks
• Abundant on-street parking
• Footsteps to University Hill Shopping Centre
• Well served by public transport
• Moments from The Western Ring Road
• Perfect set and forget investment opportunity
• Fantastic freehold opportunity that we highly recommend!
Bundoora, 3083 demographic data
The median household income for Bundoora is $1,668, 12% lower than Greater Melbourne's household income of $1,901. Bundoora has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 46% of property owners in Bundoora have a mortgage.
28,068
Population
$1,668 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
Nelson Alexander Commercial - FITZROY187 Gertrude St
FITZROY, VIC 3065
FITZROY, VIC 3065
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