9 Livingstone Street, Ivanhoe

Ivanhoe Investment With Enormous Upside!

SOLD By Miles Real Estate.
Situated directly opposite Ivanhoe Commercial Precinct, is this substantial site with a long-term medical practice, enjoying a solid income stream with tremendous potential to add value in the medium to long term (STCA).

- Leased to Livingstone Street Clinic
- New five (5)-year lease returning approximately $150,000 per annum plus GST
- Tenant pays all usual outgoings (excluding Land Tax)
- One further option of five (5) years
- Land area: 1,039 sq. metres (approx.)
- Zoned: General Residential Schedule 3
- Opposite Ivanhoe Plaza (Coles, Bakers Delight, Degani), cafes, restaurants and a variety of National Brand retailers on Upper Heidelberg Road
- Minutes to Ivanhoe Railway Station and well serviced by a number of Bus Routes
- 9 kilometres (approx.) from Melbourne's CBD
- A "Set and Forget" investment with tremendous potential at a later stage

Terms: 10% Deposit Balance 60/90 Days

For further details or to inspect contact:
Jonathan Rizzo 0404 125 846
Paul Evans 0408 144 181
David Blythe 0413 283 303