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Shop 5 - 33 Flemington Road North Melbourne VIC 3051

  • Retail
  • Floor Size120 m²
  • PriceCommercial Auction

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 Melbournes 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 Dominos 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 Melbournes 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

Jesse Radisich 0402 085 702
Clinton Baxter 0413 569 888
Yvonne Zhou 0415 100 831
Tim Carr 0415 767 916

Supporting Documents

Supporting Document 1

AUCTION

Auction date and time07/08/2019 12:00
Auction location33 Flemington Road, North Melbourne

Property Highlights

Property ID2015425524
Floor Area120 m²
Land AreaAsk Agent
ParkingAsk Agent
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  7 Aug 2019
Map for Shop 5 - 33 Flemington Road North Melbourne VIC 3051
Savills Melbourne
Level 48, 80 Collins Street Melbourne VIC 3000

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