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10 YEAR LEASE – AN EDUCATED INVESTMENT

Suite 5R/443 Upper Heidelberg Road, IVANHOE VIC, 3079

For Sale

Property for Sale in Suite 5R/443 Upper Heidelberg Road, IVANHOE VIC, 3079

Knight Frank Glen Waverley

G BLDG 1 Brandon Business Park, 540 Springvale Road, Glen Waverley, VIC 3150

Listing ID:
11386248
Status:
Active
For:
Sale
Last Updated:
03/07/2020
Icon building

Property Type

Offices
Icon square

Land Area

N/A
Icon size

Floor Area

822 SQM
Icon parking

Parking

21

10 YEAR LEASE – AN EDUCATED INVESTMENT

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

Knight Frank Glen Waverley

G BLDG 1 Brandon Business Park, 540 Springvale Road, Glen Waverley, VIC 3150


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