SHOP 5, 33 FLEMINGTON ROAD, NORTH MELBOURNE

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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

 

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