Stonebridge Property Group is pleased to present for sale 456 Lower Heidelberg Road (Corner Banksia Street), Heidelberg VIC, a super prime medical investment with 100% of the office space leased to a wholly owned subsidiary of ASX Listed – Healius Limited (ASX:HLS).

The key highlights of the opportunity include:

• Leased until April 2031, backed by Healius Limited (ASX:HLS) with corporate guarantee in place
• Net income of $1.42 million* (as at 31-Dec-21) with fixed 2.75% annual increases
• Modern office building with an NLA of 3,549 sqm* plus 131* basement car parks
• Prominent corner landholding of 2,422 sqm* with street frontage of 96m* plus rear lane access
• Flexible Commercial 1 zoning with current 25m* development height limit, providing options to value add at the end of the lease
• Located within the Heidelberg Activity Centre, a thriving commercial precinct that is anchored by the Austin Hospital, plus an extensive number of other hospitals and medical clinics
• Excellent proximity to major retail amenity including being opposite a new Woolworths and less than 400m* to Burgundy Road retail strip & Warringal Shopping Centre
• Only 800m* to Heidelberg Train Station providing direct Melbourne CBD connectivity
• 4.5-star NABERS Energy rating

*Approximately

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.