SHOP 4, 33 FLEMINGTON ROAD, NORTH MELBOURNE
Savills Melbourne is delighted to offer for sale this modern retail investment property located within Melbourne’s thriving hospital precinct.
The key attributes of this exceptional city-fringe opportunity include:
- Large 132sq m* retail property
- 5+5+5 year lease from August 2016
- Leased to ‘North Flowers’
- Current Net Rental of $67,532 per annum*
- 3% fixed annual increases
- Includes one secure car space
- Significant rental upside
- Strong performing investment in thriving medical precinct!
- Perfectly positioned directly opposite to Melbourne’s major hospital precinct, comprising over 10,000 staff and 250,000 patients annually
- Situated within close proximity to the University of Melbourne, RMIT Village and Queen Victoria Market