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Shop 4, 33 Flemington Road
North Melbourne VIC 3051
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Sold on 8 Oct 2019

Shop 4, 33 Flemington Road North Melbourne VIC 3051

  • Shop & Retail
  • 132 m²
  • Sold

Prime Retail Investment Opportunity

  • First Class Retail Property
  • Leased to High Quality Tenant
  • Directly Opposite Hospital Precinct

Savills Melbourne is delighted to offer for sale this modern retail investment property located within Melbourne's thriving hospital precinct.

The key attributes of this exceptional city-fringe opportunity include:
- Large 132sq m* retail property
- 5+5+5 year lease from August 2016
- Leased to 'North Flowers'
- Current Net Rental of $67,532 per annum*
- 3% fixed annual increases
- Includes one secure car space
- Significant rental upside
- Strong performing investment in thriving medical precinct!

LOCATION
- Perfectly positioned directly opposite to Melbourne's major hospital precinct, comprising over 10,000 staff and 250,000 patients annually
- Situated within close proximity to the University of Melbourne, RMIT Village and Queen Victoria Market

For Sale by Auction on Friday 18 October at 12 noon on-site.

Julian Heatherich 0412 995 655
Benson Zhou 0458 488 888

*Approx.

Property Highlights

Date Sold8 Oct 2019
Floor Area132 m²
Land Area132 m²
ParkingOn site parking available
Property ID2015678996
Category
Last updated  1 Oct 2021
Map for Shop 4, 33 Flemington Road North Melbourne VIC 3051

Property Highlights

Date Sold8 Oct 2019
Floor Area132 m²
Land Area132 m²
ParkingOn site parking available
Property ID2015678996
Category
Last updated  1 Oct 2021
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000
Savills Melbourne
Savills Melbourne

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