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.

Zoning

Address	81 Flemington Road North Melbourne VIC 3051
Zoning	MUZ - Mixed Use Zone (MUZ)
Council	MELBOURNE 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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Knight Frank - Melbourne

Level 29, 120 Collins Street

Melbourne, VIC 3000

Property Highlights

Date Sold	10 Sep 2019
Floor Area	114 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2015413745
Category	Shop & Retail
Last updated	12 May 2021

Map for 81 Flemington Road North Melbourne VIC 3051

Nearest transport* to 81 Flemington Road North Melbourne VIC 3051

Bus

Train

Tram

Harcourt St/Courtney St (North Melbourne)	230 m
Royal Melbourne Hospital/Flemington Rd (North Melbourne)	235 m
Courtney St/Wreckyn St (North Melbourne)	236 m
Dowling Pl/Wreckyn St (North Melbourne)	251 m

*Within a 4km radius

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Knight Frank - Melbourne

Level 29, 120 Collins Street

Melbourne, VIC 3000

Property Highlights

Date Sold	10 Sep 2019
Floor Area	114 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2015413745
Category	Shop & Retail
Last updated	12 May 2021

Listed by

Knight Frank - Melbourne

Call

0396025722

More about 81 Flemington Road North Melbourne VIC 3051

81 Flemington Road North Melbourne VIC 3051 is categorized as Shop & Retail Property. It has a floor area of 114 m². The listing ID for this property is 2015413745.