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67 Wilfred Road
Ivanhoe East VIC 3079
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Sold on 13 Sep 2023

67 Wilfred Road Ivanhoe East VIC 3079

  • Medical / Consulting
  • 185 m²
  • Sold

Longstanding Dental Practice, Over 20+ Years

    Burgess Rawson is pleased to offer to the market Dr George Panagiotopoulos located at 67 Wilfred Road, Ivanhoe East VIC for sale via our Investment Portfolio Auction 163.

    This opportunity has the following key investment highlights:

    +Renewed 7 year lease to 2028, plus further options through to 2049
    +Dr George Panagiotopoulos: Established and proven dental practice for over 20+ years with an established client base.
    +Rare 4% fixed annual rent increases, ensuring future rental growth.
    +Landlord friendly net lease terms with the tenant responsible for all usual outgoings.
    +Strategic 585sqm* freehold corner site with ROW access and providing future development potential STCA
    +Located directly opposite Ivanhoe East Primary School and adjoining Foodworks.
    +Single tenanted investment requiring minimal management.
    +Easily accessible via Lower Heidelberg Road, servicing on average 23,000 vehicles on average daily.**
    +Surrounded by other medical providers including Ivanhoe East Veterinary Hospital, pharmacy & eyecare within 140*metres.
    +Ivanhoe East: affluent Melbourne suburb with a median house price of $1,980,000 and only 13km from the Melbourne CBD***
    +Net Income: $87,400* pa + GST

    For Sale by Investment Portfolio Auction 163
    10:30am AEST Wednesday 13 September 2023
    Crown Casino, Melbourne

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *approx.
    **gap maps
    ***realestate.com

    AUCTION

    Auction date and time13/09/2023 10:30
    Auction locationCrown Casino - River Room - Melbourne
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold13 Sep 2023
    Floor Area185 m²
    Land Area585 m²
    ParkingAsk Agent
    Property ID2018708943
    Category
    Last updated  14 Sep 2023
    Map for 67 Wilfred Road Ivanhoe East VIC 3079
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold13 Sep 2023
    Floor Area185 m²
    Land Area585 m²
    ParkingAsk Agent
    Property ID2018708943
    Category
    Last updated  14 Sep 2023

    Co-Agents

    Justin Kramersh
    Burgess Rawson VIC Pty Ltd
    Call
    0460 349 605
    Raoul Holderhead
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 304
    Beau Coulter
    Burgess Rawson VIC Pty Ltd
    Call
    0413 839 898

    More about 67 Wilfred Road Ivanhoe East VIC 3079

    67 Wilfred Road Ivanhoe East VIC 3079 is categorized as Medical & Consulting Property. It has a floor area of 185 m² and a land area of 585 m². The listing ID for this property is 2018708943.

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