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Brand New Lease and a Brand New Fitout

81 Flemington Road, NORTH MELBOURNE VIC, 3051

Sold

Property Sold in 81 Flemington Road, NORTH MELBOURNE VIC, 3051

Knight Frank Australia

Level 29, 120 Collins Street, Melbourne, VIC 3000

Listing ID:
11352740
Status:
Sold
Price:
Contact Agent
Last Updated:
18/09/2019
Icon building

Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

114 SQM
Icon parking

Parking

N/A

Brand New Lease and a Brand New Fitout

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.

For more details, please email agent

Knight Frank Australia

Level 29, 120 Collins Street, Melbourne, VIC 3000


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