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Unit 2, 67 Boundary Road & 52-58 Mark Street North Melbourne, VIC 3051

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Unit 2, 67 Boundary Road & 52-58 Mark Street,
North Melbourne, VIC 3051

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Key property information

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Map of Unit 2, 67 Boundary Road & 52-58 Mark Street

Directions
  • Train stations within 5 km of Unit 2, 67 Boundary Road & 52-58 Mark Street, North Melbourne, VIC 3051Distance
    Macaulay Station371 m
    Flemington Bridge Station575 m
    Kensington Station744 m
    Arden Station872 m
    Newmarket Station1.1 km
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  • Tram stops within 5 km of Unit 2, 67 Boundary Road & 52-58 Mark Street, North Melbourne, VIC 3051Distance
    22Boundary RdRacecourse Rd North Melbourne459 m
    20-Melrose St/Flemington Rd (North Melbourne)498 m
    23Stubbs StRacecourse Rd Flemington501 m
    22-Boundary Rd/Flemington Rd (North Melbourne)585 m
    24Collett StRacecourse Rd Kensington705 m
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  • Bus stops within 5 km of Unit 2, 67 Boundary Road & 52-58 Mark Street, North Melbourne, VIC 3051Distance
    Boundary RdCanning St264 m
    Melrose St/Canning St (North Melbourne)336 m
    Albermarle St/Macaulay Rd (Kensington)485 m
    Dryburgh StShiel St676 m
    Dryburgh StHaines St North Melbourne767 m
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HIGH YIELDING NORTH MELBOURNE LABORATORY INVESTMENT

  • Expected yield range 8% - 8.75%
  • New 5 year leases to global tenant
  • To be sold seperately or together
Gorman Commercial is pleased to offer Unit 2, 67 Boundary Road and 52-58 Mark Street, North Melbourne for Private Sale.

The two properties can be purchased separately or together.

Key Properties Features Include:

• New 5-year leases to global company Merieux NutriSciences
• Vital food testing laboratory operation within both buildings
• Unit 2, 67 Boundary Rd – net rent $331,000 pa plus GST and all outgoings
• 52-58 Mark St – net rent $410,000 pa plus GST and all outgoings
• Combined net rent $741,000 pa plus GST and all outgoings
• Significant make good clauses in both leases
• Total building area 1,794 sqm plus 29 car spaces
• 250 metres from Macaulay Station and nearby the new Arden Station and Citylink

North Melbourne, 3051 demographic data

The median household income for North Melbourne is $1,717, 10% lower than Greater Melbourne's household income of $1,901. North Melbourne has a younger age profile compared to the rest of Greater Melbourne (median age 31 vs 37). Property ownership data shows 57% of property owners in North Melbourne have a mortgage.

14,953
Population
$1,717 per week
Median household income
31 years
Median age
Renters
Most residents
Families
Most households
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Unit 2, 67 Boundary Road & 52-58 Mark Street
North Melbourne, VIC 3051

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