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33 Flemington Road (Shops 6 & 7B)
North Melbourne VIC 3051
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Sold on 12 Sep 2019

33 Flemington Road (Shops 6 & 7B) North Melbourne VIC 3051

  • Shop & Retail
  • 52 m²
  • Sold

2 X LEASED INVESTMENTS WITHIN VICTORIA'S FASTEST GROWING MUNICIPALITY, OFFERED INDIVIDUALLY

  • 5 & 3 year leases
  • Melbourne’s education & medical precinct
  • Direct access to the Melbourne CBD

Shop 6:

+ 5-year lease to established hospitality operator Nemo (4.3 stars / 236 reviews Zomato)

+ Providing a net annual income of $42,131* + GST + Outgoings with fixed annual rental increases of 3.5%

+ Nemo is a flexible business offering the option to dine-in, take away or have food delivered (Uber Eats & Deliveroo), ideal for the surrounding population of students and patients at nearby medical facilities

Shop 7:

+ Recently renewed 3-year lease to St Cooper Café (4.7 stars / 45 Google reviews)

+ Providing a net annual income of $40,000* + GST + Outgoings with fixed annual rental increases of 3.5%

+ A favourite café for locals with indoor and outdoor seating for dine-in customers and takeaway services for those on the run

Location:

Positioned in the heart of Melbourne's education and medical precinct, home to over 10,000+ employees, 65,000+ students & 250,000+ patients annually, directly benefiting local retailers

+ 20m* - RMIT Village (616 beds)
+ 50m* - Victorian Comprehensive Cancer Centre ($1.2bn*)
+ 100m* - Royal Melbourne Hospital
+ 180m* - Royal Children's Hospital
+ 250m* The University of Melbourne

A highly accessible location with direct access to the CBD & surrounding suburbs

+ 20m* - Royal Melbourne Hospital Tram Stop
+ 250m* - Under construction Parkville Train Station
+ 10 minutes* - Uber to Southern Cross Station
+ 12 minutes* - Walk to State Library Victoria

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

*Approx

Property Highlights

Date Sold12 Sep 2019
Floor Area52 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Property ID2017231916
Category
Last updated  1 Dec 2021
Map for 33 Flemington Road (Shops 6 & 7B) North Melbourne VIC 3051

Property Highlights

Date Sold12 Sep 2019
Floor Area52 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Property ID2017231916
Category
Last updated  1 Dec 2021

Listed by

Jing Jun Heng
Jing Jun Heng
CBRE
Call
0411 059 116

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