677 The Boulevard, Eaglemont, VIC, 3084

Colliers International is pleased to present 677 The Boulevard, Eaglemont for sale by Expressions of Interest closing Thursday 17^th December 2020 at 3pm.

This suburban office building, located adjacent to Heidelberg Activity Centre & Medical Precinct, comprises a single level of office space with spectacular natural light plus one level of basement parking.

This opportunity is 100% leased to Berry Street, one of Australia’s largest independent family service organisations and comes with a WALE of 3.0 years (approx.). Benefitting from an underlying Commercial 1 land holding of 9,020m², secure income and strong future value add and redevelopment potential this exceptional opportunity should not be overlooked.

Key features of this opportunity are highlighted below:

· Standalone metro office building with a total Net Lettable Area (NLA) of 3,216m²* with 127 onsite car spaces

· 5 year lease expiring November 2023 with a secure net passing income of $1,055,065 p.a

· The building is 100% leased to Berry Street Victoria Incorporated, one of Australia’s largest independent family service organisations with a history spanning 143-years

· Commercial 1 zoning which supports varying future uses and outcomes including continued office use, retail, residential or a combination of uses (STCA)

· Prominent position, with frontage of 82.2m* to Banksia Street, surrounded by an abundance of public parks and open spaces

· Adjacent to Heidelberg Activity Centre & Medical Precinct which includes; Heidelberg Hospital Precinct, Burgundy Street retail strip and public transportation modes

· NABERS exempt

*Approx

  For further information, please contact the exclusive selling agents at Colliers International.

Joe Kairouz
+61 421 430 638

Hamish Burgess
+61 421 641 497

Trent Hobart
+61 433 196 452

Peter Bremner
+61 412 326 942

Remember to mention you found this property on DevelopmentReady