Shop 5 - 33 Flemington Road,
North Melbourne, VIC 3051

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Prime Retail Investment Leased to ASX Listed Tenant

Brand New Shop
Long Lease to ASX Listed Tenant
Directly Opposite Medical Precinct

Savills Melbourne is delighted to offer for sale this brand new 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

Clinton Baxter – 0413 569 888
Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...

Property ID: 503253934Last Updated: 15 Jun 2021

Shop 5 - 33 Flemington Road

North Melbourne, VIC 3051

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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