Knight Frank Investment Sales Team is pleased to present this amazing opportunity to purchase an A grade office investment.
Suite 5R is located on the ground floor of 443 Upper Heidelberg Road in Ivanhoe, which is a recently completed mixed use commercial/residential development.
The property is tenanted by The Institute for Social Neuroscience (ISN) Psychology College, which specialises in the education of psychology in particular the clinical sector.
Property Details –
• Area – 822 sqm
• Car Spaces – 21 Allocated on Title
• Use – Educational Facility
• Ground Floor Space
Lease Details –
• Lease term – 10 + 5 + 5 years
• Lease Commencement – 10th April 2019
• Rental Return - $358,817 plus GST & Outgoings
• Tenant – The Institute for Social Neuroscience Psychology College
• Increases – CPI Annually
For more details, please email agent