39-45 Flemington Road,
North Melbourne, VIC 3051
Development Sites & Land • Shops & Retail
Price information
Sale - Expression of Interest
Contact the exclusive selling agents today
Detailed listing
Key property information
Land area
Tenure type
Private inspections
to arrange a private inspection.
JLL - Melbourne
Level 40, 101 Collins StreetMELBOURNE, VIC 3000
39-45 Flemington Road
North Melbourne, VIC 3051
Detailed listing
Map of 39-45 Flemington Road
Train stations within 5 km of 39-45 Flemington Road, North Melbourne, VIC 3051 Distance Melbourne Central Station 1.3 km 7-Flagstaff Railway Station/William St (Melbourne City) 1.3 km Flagstaff Station 1.3 km North Melbourne Station 1.4 km Elizabeth Stbourke St 1.8 km POWERED BY HERE ©Tram stops within 5 km of 39-45 Flemington Road, North Melbourne, VIC 3051 Distance 12-Flemington Rd/Peel St (North Melbourne) 213 m 9-Haymarket/Elizabeth St (Melbourne City) 300 m 11-University of Melbourne/Royal Pde (Parkville) 309 m 11-Queensberry St/Peel St (North Melbourne) 360 m 15-Murphy St/Flemington Rd (North Melbourne) 372 m POWERED BY HERE ©Bus stops within 5 km of 39-45 Flemington Road, North Melbourne, VIC 3051 Distance 14-Royal Melbourne Hospital/Flemington Rd (North Melbourne) 24 m Royal Melbourne HospitalGrattan St 101 m Dowling PlWreckyn St 172 m Courtney St/Wreckyn St (North Melbourne) 178 m Melbourne University/Royal Pde (Parkville) 242 m POWERED BY HERE ©
POWERED BY HERE ©
High Income Producing Asset with Huge Development Upside
- City Fringe Landholding
- Opposite Melbourne's Biomedical Precinct
- Flexible Mixed-Use Zone
(EOI NOW CLOSED OFFERS UNDER REVIEW)
Cushman & Wakefield in conjunction with JLL are delighted to present for the first time in over two decades, 7-Eleven Royal Melbourne located at 39-45 Flemington Road, North Melbourne (cnr Wreckyn Street).
This exceptional opportunity, leased until June 2026 boasts rare intersection exposure and significant development potential ideally located opposite the Royal Melbourne Hospital in Australia’s leading education and innovation hub which has undergone $2.8 billion in investment over the past decade.
Located a mere 650m* from Melbourne CBD, 7-Eleven Royal Melbourne is the closest service station to the city and enjoys unrivalled connectivity via tram routes along Flemington Road, and just 200m* from the new Parkville Train station, currently under construction.
Key details of the property include:
- Unprecedented city-fringe landholding on the major corner of Flemington Road and Wreckyn Street, and surrounded by Australia’s leading medical, education and technology institutions
- Unrivalled 1,003 sqm* landholding with 62.5m* of combined street frontage
- No further terms beyond 2026, providing near-term development and occupier upside
- Flexible mixed-use zoning suiting a range of development outcomes including residential, BTR, student accommodation, office and healthcare uses (STCA)
- Current passing income of $405,000 p.a.* providing secure holding income
- NET Lease to 7-Eleven Stores Pty Ltd – recently announced to have been acquired by the Global parent company, Seven and I Holdings Co. Ltd
- Highly strategic positioning within the Melbourne Biomedical Precinct – one of the world's largest and leading biomedical hubs home to 72,960 employees set to increase by over 10% by 2036
- Proven location for successful development, and complemented by adjacency to The Royal Melbourne & Royal Women’s Hospitals with a proposed $6bn in expansion
- A boost to future public transport accessibility, with the property strategically located just 200m* from the upcoming Parkville train station, providing unrivalled connectivity to the CBD and surrounding suburbs.
*Approximately
STCA: Subject to Council Approval
7-Eleven Royal Melbourne is For Sale by International Expressions of Interest Closing Friday 8 March 2024 at 12pm (AEDT)
To receive further information or to arrange an inspection please contact the exclusive sale agents below.
Cushman & Wakefield
Oliver Hay | +61 419 528 5...
Daniel Wolman | +61 412 957 8...
Leon Ma 马海翔| +61 417 070 7...
Alexander Leggo | +61 432 053 747
JLL
Stuart Taylor | +61 402 319 698
Jesse Radisich | +61 402 085 7...
Jarrod Herscu | +61 418 155 0...
MingXuan Li 李名轩 | +61 498 688 998
Cushman & Wakefield in conjunction with JLL are delighted to present for the first time in over two decades, 7-Eleven Royal Melbourne located at 39-45 Flemington Road, North Melbourne (cnr Wreckyn Street).
This exceptional opportunity, leased until June 2026 boasts rare intersection exposure and significant development potential ideally located opposite the Royal Melbourne Hospital in Australia’s leading education and innovation hub which has undergone $2.8 billion in investment over the past decade.
Located a mere 650m* from Melbourne CBD, 7-Eleven Royal Melbourne is the closest service station to the city and enjoys unrivalled connectivity via tram routes along Flemington Road, and just 200m* from the new Parkville Train station, currently under construction.
Key details of the property include:
- Unprecedented city-fringe landholding on the major corner of Flemington Road and Wreckyn Street, and surrounded by Australia’s leading medical, education and technology institutions
- Unrivalled 1,003 sqm* landholding with 62.5m* of combined street frontage
- No further terms beyond 2026, providing near-term development and occupier upside
- Flexible mixed-use zoning suiting a range of development outcomes including residential, BTR, student accommodation, office and healthcare uses (STCA)
- Current passing income of $405,000 p.a.* providing secure holding income
- NET Lease to 7-Eleven Stores Pty Ltd – recently announced to have been acquired by the Global parent company, Seven and I Holdings Co. Ltd
- Highly strategic positioning within the Melbourne Biomedical Precinct – one of the world's largest and leading biomedical hubs home to 72,960 employees set to increase by over 10% by 2036
- Proven location for successful development, and complemented by adjacency to The Royal Melbourne & Royal Women’s Hospitals with a proposed $6bn in expansion
- A boost to future public transport accessibility, with the property strategically located just 200m* from the upcoming Parkville train station, providing unrivalled connectivity to the CBD and surrounding suburbs.
*Approximately
STCA: Subject to Council Approval
7-Eleven Royal Melbourne is For Sale by International Expressions of Interest Closing Friday 8 March 2024 at 12pm (AEDT)
To receive further information or to arrange an inspection please contact the exclusive sale agents below.
Cushman & Wakefield
Oliver Hay | +61 419 528 5...
Daniel Wolman | +61 412 957 8...
Leon Ma 马海翔| +61 417 070 7...
Alexander Leggo | +61 432 053 747
JLL
Stuart Taylor | +61 402 319 698
Jesse Radisich | +61 402 085 7...
Jarrod Herscu | +61 418 155 0...
MingXuan Li 李名轩 | +61 498 688 998
Property ID: 504511704Last Updated: 15 Mar 2024
JLL - MelbourneLevel 40, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from JLL - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Brunswick Market, 655-661 Sydney Road & 50-52 Breese Street,Brunswick, VIC 3056 3120 m²Development Sites & Land • Shops & Retail • Hotel, Motel & Leisure
Contact Agent
63 EX, 63 Exhibition Street (Corner Strachan Lane),Melbourne, VIC 3000 6132 m²Development Sites & Land • Offices • Hotel, Motel & Leisure