486-490 Lower Heidelberg Rd 4,606 SF Office Condo Unit in Heidelberg, VIC 3084

Located within Heidelberg’s Activity Centre Core, this 428 m² self-contained office suite is a secure investment asset featuring a global healthcare technology tenant on a renewed lease, generous car parking provisions, and a recently upgraded fitout to premium specifications. The location benefits from proximity to health precincts and robust public transport services.

Fitzroys proudly features this premium investment opportunity within Heidelberg’s thriving Activity Centre Core—an area marked for significant future growth under Victorian government urban development initiatives. This high-quality, fully self-contained office suite spans approximately 428 m², offering a functional layout comprising open-plan areas, partitioned offices, and premium internal amenities, including a kitchen, bathrooms, and end-of-trip facilities. Recently refurbished and occupying a desirable corner position with scenic views of Heidelberg Park, this tenancy represents a rare chance to secure a dependable income-producing asset in a tightly held commercial location.
Currently returning $145,810 per annum net (as of July 1, 2026) plus outgoings, including land tax, the property is leased to Kestral—a healthcare technology leader operating under Jonas Software, part of the Canadian-listed Constellation Software (TSX: CSU). The longstanding tenant relationship of over 20 years underscores the stability and reliability of this investment. Complementing this robust profile are 18 on-title secure car spaces, making it a strong proposition for investors prioritizing capital security and rental certainty in a high-demand suburban commercial hub with excellent access to public transport and essential services.