42 Chancellor Avenue Bundoora VIC 3083

Nelson Alexander Commercial are delighted to offer For Private Sale this impressive and versatile property in the heart of the University Hill precinct. With a brand new 5 year lease (1+2+2) this is the perfect set and forget investment opportunity. Prominently located at a high-profile address, it enjoys 24/7 access, the 86 tram a short walk away and the lifestyle benefits of University Hill at the doorstep. A well-planned mix of partitioned offices and open-plan space across its three stylish and substantial levels, this beautifully presented space delivers a dynamic workspace and a unique freehold investment. This is a fantastic investment opportunity that we highly recommend.

Property Features:

Zoned Special Use (SUZ3)
Building Area 237m2 (approx.)
Brand New 5 Year Lease (1+2+2)
Lease Start Date 06/11/23
Current Rent $39,000 pa plus gst plus outgoings
Rent Reviews 4% PA
Premium fitout including deluxe kitchen, fitted offices plus boardroom
Fully self contained with heating and cooling throughout
Includes double garage with two secure carparks
Abundant on-street parking
Footsteps to University Hill Shopping Centre
Well served by public transport
Moments from The Western Ring Road
Perfect set and forget investment opportunity
Fantastic freehold opportunity that we highly recommend!