1120-1122 Mt Alexander Road,
Essendon, VIC 3040
Shops & Retail
Price information
Sale - Expression of Interest closing Wed 30 Oct
Contact Agent
Key property information
Land area
Floor area
Zoning
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$157,000
Number of Tenants
2 Tenants
Expression of Interest
Private inspections
to arrange a private inspection.
Fitzroys - Melbourne
Level 27, 360 Collins StreetMELBOURNE, VIC 3000
1120-1122 Mt Alexander Road
Essendon, VIC 3040
Map of 1120-1122 Mt Alexander Road
Train stations within 5 km of 1120-1122 Mt Alexander Road, Essendon, VIC 3040 Distance Glenbervie Station 896 m Essendon Station 1.3 km Strathmore Station 1.4 km Pascoe Vale Station 2.2 km Moonee Ponds Station 2.4 km POWERED BY HERE ©Tram stops within 5 km of 1120-1122 Mt Alexander Road, Essendon, VIC 3040 Distance 46-Lincoln Rd/Mt Alexander Rd (Essendon) 78 m 45-Glass St/Mt Alexander Rd (Essendon) 155 m 44-Thorn St/Mt Alexander Rd (Essendon) 345 m 48-Service St/Keilor Rd (Essendon North) 549 m Essendon North Primary SchoolKeilor Rd 813 m POWERED BY HERE ©Bus stops within 5 km of 1120-1122 Mt Alexander Road, Essendon, VIC 3040 Distance Mt Alexander RdKeilor Rd 223 m Marco Polo StMt Alexander Rd 230 m 47-Mt Alexander Rd/Keilor Rd (Essendon) 235 m 45-Leake St/Mt Alexander Rd (Essendon) 261 m Collins StKeilor Rd 362 m POWERED BY HERE ©
POWERED BY HERE ©
Impressive Land Rich Investment
- Leased to Zambrero & Estaflora
- Expansive 619sqm* Landholding
- Entirely Renovated Buildings
Fitzroys is delighted to offer one of Essendon’s most high profile and impeccably presented freeholds, leased to global fast-food giant Zambrero and Estaflora florist and café.
1120 & 1122 Mt Alexander Road presents an exceptional land rich inner city investment opportunity offered for sale via Expressions of Interest closing Wednesday 30th October at 3PM.
Key attributes include:
- Two separate immaculately renovated shops with brand-new fit outs completed in 2023 – offered together
- Leased to fast-food giant Zambrero with 300 locations globally and Estaflora florist and café
- High profile prime position situated in the heart of the tightly held North Essendon Retail Village
- Strategic and centrally located landholding of 619sqm* (one of the largest blocks in this location)
- Two street frontages of over 12 metres* each to Mt Alexander Road and Winifred Street
- Total return of $142,000* per annum plus outgoings and GST
- On site secure parking for 8 cars
- Neighbouring Coles, Punt Hill Apartments, Subway, Dominos, Flight Centre, Bakers Delight, Fergusson Plarre and many more
- Only 8kms* north of Melbourne’s CBD with excellent connectivity to surrounding suburbs via Tullamarine Freeway and City Link
- Convenient public transport linkages with tram 59 at the doorstep and abundant public parking
- Valuable tax depreciation benefits
- Within the recently announced North Essendon Activity Centre Plan encouraging development heights of 5 - 10 storeys (STPA)
- Outstanding scope for a range of future development outcomes (stpa)
Lease details:
1120 Mt Alexander – Zambrero
Term: 7 + 5 years
1122 Mt Alexander – Estaflora florist & café
Term: 2 + 2 +2 years
For further details or an inspection, please contact Fitzroys selling agents, Ervin Niyaz or Chris Kombi.
*Approx.
1120 & 1122 Mt Alexander Road presents an exceptional land rich inner city investment opportunity offered for sale via Expressions of Interest closing Wednesday 30th October at 3PM.
Key attributes include:
- Two separate immaculately renovated shops with brand-new fit outs completed in 2023 – offered together
- Leased to fast-food giant Zambrero with 300 locations globally and Estaflora florist and café
- High profile prime position situated in the heart of the tightly held North Essendon Retail Village
- Strategic and centrally located landholding of 619sqm* (one of the largest blocks in this location)
- Two street frontages of over 12 metres* each to Mt Alexander Road and Winifred Street
- Total return of $142,000* per annum plus outgoings and GST
- On site secure parking for 8 cars
- Neighbouring Coles, Punt Hill Apartments, Subway, Dominos, Flight Centre, Bakers Delight, Fergusson Plarre and many more
- Only 8kms* north of Melbourne’s CBD with excellent connectivity to surrounding suburbs via Tullamarine Freeway and City Link
- Convenient public transport linkages with tram 59 at the doorstep and abundant public parking
- Valuable tax depreciation benefits
- Within the recently announced North Essendon Activity Centre Plan encouraging development heights of 5 - 10 storeys (STPA)
- Outstanding scope for a range of future development outcomes (stpa)
Lease details:
1120 Mt Alexander – Zambrero
Term: 7 + 5 years
1122 Mt Alexander – Estaflora florist & café
Term: 2 + 2 +2 years
For further details or an inspection, please contact Fitzroys selling agents, Ervin Niyaz or Chris Kombi.
*Approx.
Property ID: 504698748Last Updated: 17 Oct 2024
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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