Share this property

realcommercial.com.au

Shop 5 - 33 Flemington Road North Melbourne, VIC 3051

Directions

Shop 5 - 33 Flemington Road,
North Melbourne, VIC 3051

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Property extent

Tenure type

Sold on

Map of Shop 5 - 33 Flemington Road

Directions

Prime Retail Investment Leased to ASX Listed Tenant

  • Brand New Shop
  • Long Lease to ASX Listed Tenant
  • Directly Opposite Medical Precinct
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).

*Approx

Clinton Baxter – 0413 569 888
Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...

Property ID: 503253934Last Updated: 15 Jun 2021

realcommercial.com.au logo
Shop 5 - 33 Flemington Road
North Melbourne, VIC 3051
Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.