42 Chancellor Avenue,
Bundoora, VIC 3083

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!