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CBRE - VIC

33 Flemington Road (Shops 6 & 7B) North Melbourne, VIC 3051

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33 Flemington Road (Shops 6 & 7B),
North Melbourne, VIC 3051

Shops & Retail

Key property information

Floor area

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CBRE - VIC

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
03 9613 04...
CBRE - VIC
33 Flemington Road (Shops 6 & 7B)
North Melbourne, VIC 3051

Map of 33 Flemington Road (Shops 6 & 7B)

Directions

2 X LEASED INVESTMENTS WITHIN VICTORIA’S FASTEST GROWING MUNICIPALITY, OFFERED INDIVIDUALLY

  • 5 & 3 year leases
  • Melbourne’s education & medical precinct
  • Direct access to the Melbourne CBD
Shop 6:

+ 5-year lease to established hospitality operator Nemo (4.3 stars / 236 reviews – Zomato)

+ Providing a net annual income of $42,131* + GST + Outgoings with fixed annual rental increases of 3.5%

+ Nemo is a flexible business offering the option to dine-in, take away or have food delivered (Uber Eats & Deliveroo), ideal for the surrounding population of students and patients at nearby medical facilities

Shop 7:

+ Recently renewed 3-year lease to St Cooper Café (4.7 stars / 45 Google reviews)

+ Providing a net annual income of $40,000* + GST + Outgoings with fixed annual rental increases of 3.5%

+ A favourite café for locals with indoor and outdoor seating for dine-in customers and takeaway services for those on the run

Location:

Positioned in the heart of Melbourne’s education and medical precinct, home to over 10,000+ employees, 65,000+ students & 250,000+ patients annually, directly benefiting local retailers

+ 20m* - RMIT Village (616 beds)
+ 50m* - Victorian Comprehensive Cancer Centre ($1.2bn*)
+ 100m* - Royal Melbourne Hospital
+ 180m* - Royal Children’s Hospital
+ 250m* – The University of Melbourne

A highly accessible location with direct access to the CBD & surrounding suburbs

+ 20m* - Royal Melbourne Hospital Tram Stop
+ 250m* - Under construction Parkville Train Station
+ 10 minutes* - Uber to Southern Cross Station
+ 12 minutes* - Walk to State Library Victoria

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君
+61 411 059 116
jj.heng@cbre.com.au

*Approx

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
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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