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Miles Real Estate - Ivanhoe & Rosanna

1/234 Lower Heidelberg Road Ivanhoe East, VIC 3079

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1/234 Lower Heidelberg Road,
Ivanhoe East, VIC 3079

Shops & Retail

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Map of 1/234 Lower Heidelberg Road

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Prized Corner Retail Investment!

SOLD By Miles Real Estate. Located in the Ivanhoe East retail shopping strip is this rare opportunity to acquire a low risk solid retail investment for your portfolio with excellent exposure.
Key features include:
- Building area: 88 sqm (approx.)
- Modern fit-out with a large reception and two separate consulting rooms, plus rear lunch room and internal toilet
- Air-conditioned throughout
- Long-term tenant with a new lease from July 2021 - Four (4) years plus option
- Passive income of $41,000 per annum with fixed annual CPI increases within the term of the lease - tenant paying outgoings
- Access to Eastern Freeway, approximately 12 km to the CBD
- Major nearby occupancies include Bendigo Bank, Ivanhoe East FoodWorks along with local cafes, bars and restaurants all in the shopping strip

Terms: 10% Deposit, Balance 60/90 Days

For further details or to inspect contact:
Jonathan Rizzo 0404 125 846
Paul Evans 0408 144 1...

Property ID: 504162671Last Updated: 19 Dec 2022

Miles Real Estate - Ivanhoe & Rosanna

143 Upper Heidelberg Road
IVANHOE, VIC 3079
04081441...
Miles Real Estate - Ivanhoe & Rosanna
1/234 Lower Heidelberg Road
Ivanhoe East, VIC 3079
Miles Real Estate - Ivanhoe & Rosanna
143 Upper Heidelberg Road
IVANHOE, VIC 3079
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