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117 Upper Heidelberg Road, IVANHOE, VIC, 3079

2. Property Highlights

The Ultimate Retail Investment
  • 749 sqm* of land
  • Leased to Chemist Warehouse
  • Neighbouring Ivanhoe Plaza

Gross Waddell ICR is pleased to present for sale this well-presented and well-positioned retail building positioned in this absolute prime position within the tightly held Ivanhoe Retail Precinct.

• Currently leased to Australia's largest pharmacy - Chemist Warehouse

• Rental: $169,334 pa plus GST (Next rent review: Sep 2023)

• Lease Term: 5 + 5 years

• Substantial land holding of 749 sqm* with a frontage to Upper Heidelberg Road of 12.5 m*

• Single level retail building of 415 sqm*

• Dual street frontages, with on-site parking for 8 cars at the rear

• Neighbouring Ivanhoe Plaza (Coles, Bakers Delight and Degani) and surrounded by national and established retailers, cafes, restaurants and an abundance of public car parking

The property is for sale via public on-site auction on Thursday 25th May at 1pm.

For further information or to organise an inspection, please contact Gross Waddell ICR directly.


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3. Property Location

117 Upper Heidelberg Road, IVANHOE, VIC, 3079