39-41 Rose Street,
Essendon, VIC 3040
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Tenure type
Sold on
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
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 Colliers - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
155 Lygon Street,Brunswick East, VIC 3057 156 m²Shops & Retail • Development Sites & Land • Offices