46 Haines Street,
North Melbourne, VIC 3051
Shops & Retail
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Map of 46 Haines Street
Train stations within 5 km of 46 Haines Street, North Melbourne, VIC 3051 Distance Macaulay Station 1 km North Melbourne Station 1.1 km Flemington Bridge Station 1.3 km Kensington Station 1.5 km 7-Flagstaff Railway Station/William St (Melbourne City) 1.7 km POWERED BY HERE ©Tram stops within 5 km of 46 Haines Street, North Melbourne, VIC 3051 Distance 16-Haines St/Abbotsford St (North Melbourne) 33 m 17-Canning St/Abbotsford St (North Melbourne) 178 m 17-Molesworth St/Abbotsford St (North Melbourne) 220 m 15-Arden St/Abbotsford St (North Melbourne) 292 m 14-Queensberry St/Abbotsford St (North Melbourne) 464 m POWERED BY HERE ©Bus stops within 5 km of 46 Haines Street, North Melbourne, VIC 3051 Distance Abbotsford St/Haines St (North Melbourne) 90 m Dryburgh St/Haines St (North Melbourne) 202 m Curzon StHaines St 225 m Dryburgh StShiel St 248 m O'Shanassy St/Errol St (North Melbourne) 320 m POWERED BY HERE ©
POWERED BY HERE ©
Attention $650,000 Plus Buyers.
POINT OF INTEREST:
Much more than a convenient retail investment, this portfolio prize reaps the benefits of its location in its current and future state. A shopfront that has rarely seen a moment unoccupied is now on the market with a secure tenant in tow. A leasing income of nearly $35,000 per annum is guaranteed with two years to go on the current 5-year agreement and a fixed annual increase of 3%. The value isn’t just in the internal figures, though. The city-fringe location has provided plenty of foot traffic, and so too have the surrounding businesses and amenities like the Royal Melbourne Hospital, a popular fish and chip shop, and the Albion Hotel on the corner. What’s more, a mega residential and urban design development is in the works and on the block, guaranteed to enhance all businesses with the same postcode. A central location includes clever commuting; the 57-tram is on your doorstep or the Citylink is under a kilometre away.
- Leased income of $34,750.96 per annum
- The 5-year lease commenced on the 8th of April 2020
- Further lease terms of 2 x 5 years with a fixed annual increase of 3%
- Potential yield of over 5%
- 5 m* frontage to Haines Street
- 50 sqm* total building area
- Commercial 1 zoning
- 400 m* from Flemington Road
- 860 m* from the Citylink
POINT OF VIEW:
When the future premium apartments have their affluent renters, they’ll be looking to spend their money on what’s convenient and close by. The point: The only thing more lucrative than getting into the residential market here, is the retail real estate.
*Approx.
Pricing excludes GST
Much more than a convenient retail investment, this portfolio prize reaps the benefits of its location in its current and future state. A shopfront that has rarely seen a moment unoccupied is now on the market with a secure tenant in tow. A leasing income of nearly $35,000 per annum is guaranteed with two years to go on the current 5-year agreement and a fixed annual increase of 3%. The value isn’t just in the internal figures, though. The city-fringe location has provided plenty of foot traffic, and so too have the surrounding businesses and amenities like the Royal Melbourne Hospital, a popular fish and chip shop, and the Albion Hotel on the corner. What’s more, a mega residential and urban design development is in the works and on the block, guaranteed to enhance all businesses with the same postcode. A central location includes clever commuting; the 57-tram is on your doorstep or the Citylink is under a kilometre away.
- Leased income of $34,750.96 per annum
- The 5-year lease commenced on the 8th of April 2020
- Further lease terms of 2 x 5 years with a fixed annual increase of 3%
- Potential yield of over 5%
- 5 m* frontage to Haines Street
- 50 sqm* total building area
- Commercial 1 zoning
- 400 m* from Flemington Road
- 860 m* from the Citylink
POINT OF VIEW:
When the future premium apartments have their affluent renters, they’ll be looking to spend their money on what’s convenient and close by. The point: The only thing more lucrative than getting into the residential market here, is the retail real estate.
*Approx.
Pricing excludes GST
Property ID: 504332272Last Updated: 21 May 2024
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46 Haines Street
North Melbourne, VIC 3051
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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