Sold
Prime Freehold Investment Opportunity
42 Chancellor Avenue, Bundoora VIC 3083
Last Asking Price - $600,000
OfficeSize: n/a
Block size: 89 m² approx.
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!
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!
Inspections
No open inspections scheduled.
Send an enquiry
Contact Damien Theisz to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
2
Property type:
Office
Block Size:
89 m²*
Other Details
Lot:
50
Plan:
PS624741
Legal description:
50\PS624741
Maps and area information
Block information
Block size: 89m² (approx)
Legal description: 50\PS624741
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
14 Mar 2024
Sold
Nelson Alexander Commercial
Listed: 30/11/2023
Transfer type: Full transfer
13 Mar 2024
Sold
Nelson Alexander Ivanhoe
Listed: 29/11/2023
Transfer type: Full transfer
04 Aug 2017
Sold
Stockdale & Leggo Bundoora
Listed: 06/07/2017
Block size: 89m²
Transfer type: Full transfer
Bundoora suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
28,068
Listing ID: 182132762. This listing has been viewed 0 times. It was first displayed on 30/11/2023 and last updated on 14/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.