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Brand New Affordable Retail Investment

Shop 3 - 33 Flemington Road, NORTH MELBOURNE VIC, 3051

Sold

Property Sold in Shop 3 - 33 Flemington Road, NORTH MELBOURNE VIC, 3051

Listing ID:
11353357
Status:
Sold
Last Updated:
12/12/2019
Icon building

Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

126 SQM
Icon parking

Parking

N/A

Brand New Affordable Retail Investment

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 key attributes of this exceptional city-fringe opportunity includes:

- Large 126sq m* retail property
- Leased to ‘The Rice Cooker’
- Strong performing tenant
- 5+5 year lease from July 2016
- Net Rental: $77,610 per annum*
- 3.5% fixed annual increases
- Perfectly positioned within immediate proximity to Melbourne’s major hospital precinct, University of Melbourne, RMIT Village and Queen Victoria Market

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

*Approx

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

For more details, please email agent

Savills Melbourne

Level 48, 80 Collins Street, Melbourne, VIC 3000


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