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81 Flemington Road
North Melbourne VIC 3051
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Sold on 10 Sep 2019

81 Flemington Road North Melbourne VIC 3051

  • Shop & Retail
  • 114 m²
  • Sold

Brand New Lease and a Brand New Fitout

  • High yielding retail investment
  • Long lease to hospitality operator
  • Located in medical & education hotspot

An astute retail investment located directly across from The Royal Melbourne Hospital and within immediate proximity to Melbourne University. Placed within a world class medical and education precinct the property benefits from an enormous catchment area made up of medical professionals, students, educators and residents.

- Brand new long lease to experienced hospitality operator
- Returning net income of $55,000 per annum
- Fixed annual increases with market reviews at each option
- Lease commencing July 2019 with 4 further options
- Perfect investment asset for a self-managed superannuation fund
- Prominent frontage of 11.7 metres*
- Excellent public transport availability

Offered via Immediate Private Sale.

*approx.

Address81 Flemington Road North Melbourne VIC 3051
ZoningMUZ - Mixed Use Zone (MUZ)
CouncilMELBOURNE CITY
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Property Highlights

Date Sold10 Sep 2019
Floor Area114 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Property ID2015413745
Category
Last updated  11 May 2021
Map for 81 Flemington Road North Melbourne VIC 3051

Property Highlights

Date Sold10 Sep 2019
Floor Area114 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Property ID2015413745
Category
Last updated  11 May 2021

Listed by

Knight Frank - Melbourne
Call
0396025722

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