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Knight Frank - Eastern Office

Suite 5R, 443 Upper Heidelberg Road Ivanhoe, VIC 3079

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Suite 5R, 443 Upper Heidelberg Road,
Ivanhoe, VIC 3079

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Knight Frank - Eastern Office
Nick Bisset

Knight Frank - Eastern Office

Level 3 10 Nexus Court
MULGRAVE, VIC 3170
04377481...
Knight Frank - Eastern Office
Suite 5R, 443 Upper Heidelberg Road
Ivanhoe, VIC 3079

Map of Suite 5R, 443 Upper Heidelberg Road

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10 YEAR LEASE – AN EDUCATED INVESTMENT

  • 10 + 5 + 5 YEAR LEASE
  • RETURNING $358,817 NET
  • ISN PSYCHOLOGY COLLEGE
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

Property ID: 503563862Last Updated: 16 Jan 2023

Knight Frank - Eastern Office
Level 3 10 Nexus Court
MULGRAVE, VIC 3170

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