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).
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