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8A, 486-490 Lower Heidelberg Road
Heidelberg, VIC 3084

Sale

Commercial 18 cars
Listed Date: 22nd May 2026
Last Updated: 24th May 2026
Overview

CIRCA 6-6.5% NET YIELD! SECURE INVESTMENT TO GLOBAL HEALTHCARE TECHNOLOGY TENANT

This high-quality, well-located office suite is offered for sale as a secure investment opportunity with a global healthcare technology tenant. The property features a fully self-contained office suite of 428 square meters, thoughtfully designed with a combination of open plan areas and partitioned offices. It includes internal kitchen facilities, bathrooms, and end of trip amenities, providing a comprehensive workspace environment.

The tenancy has been recently refurbished, ensuring a modern and appealing interior. Located in an office building that currently enjoys 100% occupancy, this corner tenancy offers views overlooking the leafy Heidelberg Park, enhancing the working atmosphere with natural surroundings.

Included with the property are 18 secure and undercover car parks, providing ample parking for tenants and visitors. The lease has been renewed with a longstanding tenant of over 20 years, demonstrating stability and reliability. The property is currently returning a net income of $145,810 per annum plus outgoings as of 1st July 2026, with the tenant responsible for all outgoings including land tax.

The tenant is a healthcare technology company, part of Jonas Software, which is owned by the Canadian public company Constellation Software (TSX: CSU). This association underscores the tenant's credibility and the property's investment security.

Situated within Heidelberg's newly established Activity Centre Core, a Victorian government initiative aimed at boosting housing and development within the precinct, the location benefits from strategic planning and growth potential. The property is well serviced by public transport, with convenient access to both train and bus services, facilitating easy commuting for staff and visitors.

This offering represents a rare opportunity to acquire a tenanted office suite with a secure income stream, excellent location, and strong tenant covenant. It is ideal for investors seeking a stable asset in a thriving commercial precinct with future growth prospects.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
8A, 486-490 Lower Heidelberg Road
Heidelberg VIC 3084
Measurements
Type Dimensions
Floor Area 428 m²
Market Insights for Heidelberg VIC 3084
New Listings (last 30 days)
8
Average price
$1,931,000
Lowest price
$1,000,000
Highest price
$2,799,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.