📍 Lot 60 72–84 Upper Heidelberg Rd, Ivanhoe VIC Purpose-Built Investment | Long-Term Lease | 💼 This is an investment-only property – not for owner-occupiers. Leased to Quest Apartment Hotels until November 2028, with 2 x 5-year options, this fully refurbished 2-bedroom twin key apartment offers strong returns, professional onsite management, and zero hassle for the investor. Ideal for SMSFs or passive income seekers wanting long-term consistency in a blue-chip inner-north location. 🔹 Key Details Rent: $621 per week ($32,279 p.a.) 2 Bedrooms | 2 Bathrooms | 2 Kitchens | Balcony | Secure Carpark on Title Flexible dual-key layout – 1 bed + studio or full 2 bed, 2 bath Fully refurbished kitchens & bathrooms and brand new fit out – no capital outlay required 🏙 Location Highlights – Ivanhoe Prime Upper Heidelberg Road position in the heart of Ivanhoe’s retail, medical & lifestyle precinct Close to Austin Hospital, Warringal Private, and major health employers Walk to Ivanhoe Station, Burgundy Street cafés & grocers Less than 10km to Melbourne CBD Sought-after location with strong demand for corporate and medical accommodation 📅 Lease Details Current Lease to: 23 November 2028 Options: 2 x 5-year lease renewals Next Market Rent Review: November 2028 Annual Increases: 4% 💰 Outgoings (Approx. Annual) Council Rates: $1,001.85 Water Rates: $580 Body Corp Sinking Fund: $3,032 (Admin fee paid by tenant) 📩 INVESTOR PACK AVAILABLE Includes: Contract of Sale, Lease Details, Title, Floorplan & Statement of Information 📞 Contact: Stellar Brokers For more information or to request documents, please get in touch. Disclaimer: The information provided is for general guidance only and is not intended as investment, legal, or tax advice. All figures and details have been supplied by the vendor or third parties and are provided by way of example only. Prospective purchasers should conduct their own independent due diligence and seek advice from legal, financial, or tax professionals to determine the suitability of this investment for their individual circumstances. No responsibility is accepted for the accuracy of the information provided. Images and floor plans shown are indicative only and may not depict the exact apartment for sale. An inspection of the specific unit is essential to confirm layout, condition, and inclusions.
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