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

Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

Savills Melbourne

Level 29, South Tower, 80 Collins Street,

Melbourne, VIC 3000

Property Highlights

Date Sold	16 Oct 2019
Floor Area	120 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2015425524
Category	Shop & Retail
Last updated	30 Sep 2021

Map for Shop 5 - 33 Flemington Road North Melbourne VIC 3051

Nearest transport* to Shop 5 - 33 Flemington Road North Melbourne VIC 3051

Bus

Train

Tram

Royal Melbourne Hospital/Flemington Rd (North Melbourne)	57 m
Royal Melbourne Hospital/Grattan St (Parkville)	123 m
Royal Melbourne Hospital/Grattan St (Parkville)	131 m
Dowling Pl/Wreckyn St (North Melbourne)	205 m

*Within a 4km radius

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Savills Melbourne

Level 29, South Tower, 80 Collins Street,

Melbourne, VIC 3000

Property Highlights

Date Sold	16 Oct 2019
Floor Area	120 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2015425524
Category	Shop & Retail
Last updated	30 Sep 2021

Listed by

Savills Melbourne

Call

03 8686 8000

More about Shop 5 - 33 Flemington Road North Melbourne VIC 3051

Shop 5 - 33 Flemington Road North Melbourne VIC 3051 is categorized as Shop & Retail Property. It has a floor area of 120 m². The listing ID for this property is 2015425524.