456 Lower Heidelberg Road, Heidelberg VIC
A two level office building with around 136 parking bays over two basement levels. The property is in a fully developed precinct, close to the Austin, Repat and Mercy Maternity hospitals, 13 kms northeast from the Melbourne CBD. The property has great access to the arterial road networks and is a ten minute walk from Heidelberg railway station. The main Yarra Trail is only 250m away for cyclists.
There is a supermarket across the road and the Burgundy Street shops and Warringal Shopping Centre are in walking distance.
“L&H” Group have been the sole tenant for over 25 years. Lawrence & Hanson Electrical Wholesalers are Australia’s leading distributor of electrical materials, products and services to the contractor and industrial electrical markets. L & H is part of a global business, operating in 60 countries with over 21,000 employees.
In December 2016 an agreement for Specialist Diagnostic Services Pty Ltd (SDS Pathology), a subsidiary of Primary Healthcare Limited (Primary), to commence leasing the first floor immediately and will lease the ground floor commencing July 2019 when L& H vacate the premises.
SDS Pathology is one of Australia’s leading private suppliers of medical laboratory and pathology services, including names such as Dorevitch Pathology, Kossard, Laverty Pathology and Tasmanian Medical Laboratories. Primary is an ASX 100 company with a market capitalisation of around $2 billion.
* Subject to change