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WP Real Estate - Essendon

1, 3 & 5 Rose Street Essendon, VIC 3040

1, 3 & 5 Rose Street,
Essendon, VIC 3040

Shop & Retail • Offices • Other

Price information

Sale - Auction

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$199,000

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to arrange a private inspection.
WP Real Estate - Essendon
Adam Farrugia

WP Real Estate - Essendon

Corner of Margaret & Aspen Street
MOONEE PONDS, VIC 3039
WP Real Estate - Essendon
1, 3 & 5 Rose Street
Essendon, VIC 3040

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Super-exposed Essendon Retail Corner Anchored by 10 Year Net Lease

  • 10-Year Net Lease
  • Fixed Annual Increases
  • 39 m* Corner Frontage
Stonebridge Property Group is pleased to present for sale 1, 3 & 5 Rose Street, Essendon.

- Super-exposed Essendon retail corner anchored by a Melbourne commercial florist institution on a vendor favoured 10-Year net lease

- Amazing Graze Flowers occupy the entirety of the ground floor whilst level one is tenanted by Splash Paediatric Therapy

- The combined building comprises 469 sqm* of lettable area across 4 titles, a strategic benefit that allows the property to be sold separately if required

- Amazing Graze Flowers is a hugely successful and highly rated commercial florist offering instore, online, same day delivery and customised flower arrangement services – currently boasting a strong 4.7/5-star rating from 906 Google customer reviews

- The Amazing Graze offering is further bolstered by a brand new ‘café/tearoom’ which occupies the prime corner shop

- The property benefits from 405 sqm* of underlying land and 39 m* of valuable exposure to Rose Street’s ultra-wide footpaths, which are strategically utilised by Amazing Graze for outdoor seating

- The Rose Street Essendon retail village is located on the doorstep of Essendon Train Station – The major station saw 1,480,000* patrons in the 2018-19 financial year and is a strategic benefit for local Rose Street businesses given the amount of foot traffic it attracts.

- There are currently no retail shops available for lease along the Rose Street retail precinct


*Approximate


1, 3 & 5 Rose Street, Essendon is For Sale by Public On-Site Auction Wednesday 1st December 2021 at 12.30pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group and WP Real Estate:

Stonebridge Property Group:

Nic Hage
0448 782 5...

Rorey James
0439 400 0...

Kevin Tong
0422 848 8...

Sarah Xi
0468 320 297


WPRE:

Adam Farrugia
0405 277 0...

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Property ID: 503942178Last Updated: 15 Jan 2022

WP Real Estate - Essendon
Corner of Margaret & Aspen Street
MOONEE PONDS, VIC 3039
Stonebridge Property Group - Melbourne
Ground Floor, 95 Coventry Street
SOUTHBANK, VIC 3006
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