8/149 Upper Heidelberg Road, Ivanhoe

Expressions of Interest Closing Thursday 27 Nov at 4pm - Prime Investment Opportunity in the Heart of Ivanhoe!

(Securely leased to St Vincent's Pathology for past 25 years!)

Superbly positioned within one of Melbourne's most tightly held retail precincts, this quality property offers an exceptional opportunity for investors seeking stability and attractive yield at a very affordable price point.

Key Features:
- High-exposure location - prominent position on bustling Upper Heidelberg Road, surrounded by established retailers, eateries, and professional services
- Three year lease commencing 1 September 2024 - returning $40,500 per annum plus GST plus outgoings, Circa 5.5% yield
- Low-maintenance investment - ideal for passive investors looking for a "set and forget" addition to their portfolio
- Excellent accessibility - easy access to public transport, major arterials, and ample nearby parking options
- Tightly held strip - Ivanhoe continues to experience strong demand and low vacancy rates, underpinning future capital appreciation
- Adjacent to Ivanhoe Plaza (Coles, Degani, OPSM, Bakers Delight, Cannings, Liquorland)

Terms: 10% Deposit, Balance 60/90 Days