Ivanhoe East 1/210-214 Lower Heidelberg Road
Mortgagees Auction in Select Village Location
Positioned in the popular East Ivanhoe Village Shopping Centre, this retail premises is part of a well maintained boutique retail/office complex and is currently in use as an up-market hair and beauty salon.
With floor space of 46 sq m approx. and kitchenette and powder room facilities, the shop is in excellent condition and offers 3 undercover parking spaces on title.
Currently leased, commencing 01/11/2012, for 3 years with 3 x 3 year options at $20,000 per annum plus GST and outgoings.
An astute investment opportunity in a prime location.
Mortgagees auction Well maintained retail premises Boutique retail/office complex 46 sq m approx. floor space Currently in use as a hair and beauty salon 3 undercover car spaces on title 3 year lease commencing 01/11/2012, rental $20,000 per annum plus GST 3 x 3 year options Tenant pays outgoings Annual CPI increase and Market Review at options
Terms: 10% deposit, balance 30/60 days
Conjunctional Agents: Thompson May
Contact: Nick Waters 0400 501 932
Rowan Thompson 0412 627 714
Fletchers Agents
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David Taylor Consultant -
John Taylor Consultant
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Ivanhoe East Area Guide
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Important Information
Fletchers Area Guide Ivanhoe East, VIC 3079
The median house price recorded by the REIV for the September 2024 quarter was $2,300,000. The median unit price recorded by the REIV for the September 2024 quarter was $1,300,000. Ivanhoe East is located 10 km north-east of the CBD. Located in Melbourne's north-east, Ivanhoe East is an affluent residential suburb. The suburb has a highly educated and professional population, with more than half of the labour force employed as managers, administrators and professionals.