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Sold on 16 Oct 2019

Shop 5 - 33 Flemington Road North Melbourne VIC 3051

  • Shop & Retail
  • 120 m²
  • Sold

Prime Retail Investment Leased to ASX Listed Tenant

  • Brand New Shop
  • Long Lease to ASX Listed Tenant
  • Directly Opposite Medical Precinct

Savills Melbourne is delighted to offer for sale this brand new retail investment located within one of Melbourne's most highly sought after city-fringe suburbs of North Melbourne. The property is occupied by an ASX Listed tenant which enjoyed approximately $2.6billion in turnover last financial year (ASX:DMP).

The key attributes of this exceptional city-fringe opportunity includes:

- 120sq m* retail property with huge frontage
- Fully Leased to ASX Listed 'Domino's Pizza Enterprises Limited' (Market Capitalisation: $3.32billion*)
- 8+5+5 year lease from October 2017
- Net Rental: $72,800 per annum*
- 4% fixed annual increases
- Exceptional opportunity with strong growth potential!
- Perfectly positioned within immediate proximity to Melbourne's major hospital precinct, University of Melbourne, RMIT Village and Queen Victoria Market

Shop 5 is For Sale by Auction on Wednesday 7 August from 12 noon on-site (also for sale is Shop 3, 33 Flemington Road).

*Approx

Clinton Baxter 0413 569 888
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

Clinton Baxter
Savills Melbourne
Clinton Baxter
Savills Melbourne
Tim Carr
Savills Melbourne
Tim Carr
Savills Melbourne

Property Highlights

Property ID2015425524
Date Sold16 Oct 2019
Floor Area120 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Category
Last updated  15 Jun 2021
Map for Shop 5 - 33 Flemington Road North Melbourne VIC 3051
Map for Shop 5 - 33 Flemington Road North Melbourne VIC 3051Shop 5 - 33 Flemington Road North Melbourne VIC 3051
Clinton Baxter
Savills Melbourne
Clinton Baxter
Savills Melbourne
Tim Carr
Savills Melbourne
Tim Carr
Savills Melbourne

Property Highlights

Property ID2015425524
Date Sold16 Oct 2019
Floor Area120 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Category
Last updated  15 Jun 2021
Savills Melbourne
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000
Clinton Baxter
Savills Melbourne
Clinton Baxter
Savills Melbourne
Tim Carr
Savills Melbourne
Tim Carr
Savills Melbourne
Clinton Baxter

Clinton Baxter

Savills Melbourne

Tim Carr

Tim Carr

Savills Melbourne

0413 *** ***
0413 569 888

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