$1,400,000
37, 240 Plenty Road, Bundoora, VIC 3083
INVEST OR OCCUPY: Prime Commercial Space in University Hill
Discover a unique opportunity in the heart of the acclaimed University Hill mixed-use development. This top-floor commercial suite, boasting picturesque views, is a beacon of natural light and represents an unmissable prospect for both owner-occupiers and investors alike.
Previously leased at $119,543 per annum, achieving an impressive gross yield of 8.5%, this space holds the potential for increased returns with a new lease arrangement. Key features include:
• Area: Sprawling 291 square meters of contemporary office space.
• Parking: 10 allocated spaces, 2 of which are undercover with secure key card access.
• Layout: Well-designed with a spacious communal work area, 3 private offices, a large kitchen/breakout room, and a versatile training/boardroom.
• Amenities: Enjoy the convenience of male and female bathrooms on the floor, elevator access, and disability-friendly facilities.
• Environment: Indulge in the overall University Hill experience, surrounded by lifestyle, retail, community, and environmental elements.
Benefiting from proximity to the Western Ring Road for easy access to Melbourne CBD, the airport, and the northern corridor, this location is unparalleled. With tram route 86 at your doorstep, accessibility is further enhanced by bus services. Uni Hill Town Centre, featuring over 40 specialty shops, including DFO, is just moments away.
Seize this golden opportunity to own a premium commercial space in a thriving locale. For more details or to arrange a viewing, feel free to contact us.
Previously leased at $119,543 per annum, achieving an impressive gross yield of 8.5%, this space holds the potential for increased returns with a new lease arrangement. Key features include:
• Area: Sprawling 291 square meters of contemporary office space.
• Parking: 10 allocated spaces, 2 of which are undercover with secure key card access.
• Layout: Well-designed with a spacious communal work area, 3 private offices, a large kitchen/breakout room, and a versatile training/boardroom.
• Amenities: Enjoy the convenience of male and female bathrooms on the floor, elevator access, and disability-friendly facilities.
• Environment: Indulge in the overall University Hill experience, surrounded by lifestyle, retail, community, and environmental elements.
Benefiting from proximity to the Western Ring Road for easy access to Melbourne CBD, the airport, and the northern corridor, this location is unparalleled. With tram route 86 at your doorstep, accessibility is further enhanced by bus services. Uni Hill Town Centre, featuring over 40 specialty shops, including DFO, is just moments away.
Seize this golden opportunity to own a premium commercial space in a thriving locale. For more details or to arrange a viewing, feel free to contact us.
Property Info
Municipality
Bundoora
Maddison Estate Agents Ascot Vale
196 Union Road
Ascot Vale, VIC 3032
Tel: +61393701588
Email Us
Stephen Murphy
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