39-41 Rose Street,
Essendon, VIC 3040
Shops & Retail
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Colliers - Melbourne
Level 30, 367 Collins StreetMELBOURNE, VIC 3000
04183505...
39-41 Rose Street
Essendon, VIC 3040
Map of 39-41 Rose Street
BLUE CHIP RETAIL INVESTMENT LEASED TO NATIONAL HEALTHCARE OPERATOR
- National Healthcare Tenant
- New 5 X 5 X 5 Year Lease
- Net Income $109,459.26 + GST + Outgoings
ON SITE PUBLIC AUCTION FRIDAY 4TH MARCH 2022 AT 10.30AM.
Colliers are delighted to offer for sale 39-41 Rose Street, Essendon, an outstanding retail investment opportunity leased to an essential service healthcare business in operation for 30+ years.
• Blue chip investment opportunity positioned in one of Melbourne’s most tightly held and highly regarded retail strips with zero vacancy, in the heart of Essendon.
• Leased to AAA+ tenant, “Woods & Associates Optometrists by G&M Eyecare”, in operation for 30+ years serving the community as an essential service healthcare provider.
• National essential service healthcare tenant with 85 stores across Australia.
• Brand new 5 x 5 x 5 year lease term (with options extending to 2036).
• Current net income of $109,459.26 + GST + Outgoings per annum.
• Prime double fronted retail building underpinned by strong underlying land area of 294m².
• Strong long term development potential with existing precedence for multi-storey development. Flexible Commercial 1 Zoning permits residential, retail, office, hotel or mixed-use developments (STCA).
• Ideally positioned directly opposite a major public transport hub in Essendon Train Station, bus terminal and tram depot – one of the busiest locations in the area.
An excellent investment opportunity with promising future development potential, 39-41 Rose Street, Essendon for sale by Public Auction on Friday March 4th at 10:30am on-site.
To arrange an inspection or for more information, please contact Colliers as the exclusive selling agents.
Colliers are delighted to offer for sale 39-41 Rose Street, Essendon, an outstanding retail investment opportunity leased to an essential service healthcare business in operation for 30+ years.
• Blue chip investment opportunity positioned in one of Melbourne’s most tightly held and highly regarded retail strips with zero vacancy, in the heart of Essendon.
• Leased to AAA+ tenant, “Woods & Associates Optometrists by G&M Eyecare”, in operation for 30+ years serving the community as an essential service healthcare provider.
• National essential service healthcare tenant with 85 stores across Australia.
• Brand new 5 x 5 x 5 year lease term (with options extending to 2036).
• Current net income of $109,459.26 + GST + Outgoings per annum.
• Prime double fronted retail building underpinned by strong underlying land area of 294m².
• Strong long term development potential with existing precedence for multi-storey development. Flexible Commercial 1 Zoning permits residential, retail, office, hotel or mixed-use developments (STCA).
• Ideally positioned directly opposite a major public transport hub in Essendon Train Station, bus terminal and tram depot – one of the busiest locations in the area.
An excellent investment opportunity with promising future development potential, 39-41 Rose Street, Essendon for sale by Public Auction on Friday March 4th at 10:30am on-site.
To arrange an inspection or for more information, please contact Colliers as the exclusive selling agents.
Property ID: 503993055Last Updated: 23 Aug 2023
Colliers - MelbourneLevel 30, 367 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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