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CRS Property - Melbourne

3S & 12G, 55 Flemington Road North Melbourne, VIC 3051

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3S & 12G, 55 Flemington Road,
North Melbourne, VIC 3051

Shops & Retail

Key property information

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CRS Property - Melbourne
Tom Ayfantis
Lou Montalti

CRS Property - Melbourne

Level 4, 256 Queen Street
MELBOURNE, VIC 3000
CRS Property - Melbourne
3S & 12G, 55 Flemington Road
North Melbourne, VIC 3051

Map of 3S & 12G, 55 Flemington Road

Directions

Established business in a premier Precinct!

  • Leased to Joe's Eatery Flavours
  • 5+5+5+5 from April 2018
  • Returning $87,550 per annum
CRS Property is pleased to offer this prime strata retail investment for sale.

An established ground floor retail investment located on the fringe of Melbourne CBD and directly opposite the hospital/medical precinct.

* Walking distance to Melbourne's medical precinct, Melbourne University, RMIT Village & Queen Victoria Market
* Building Area 173m2 approx. plus rear enclosed courtyard of 127m2 approx.
* Zoning: Mixed-Use
* Leased to Joe's Eatery Flavours
* Long established business & operator
* 5+5+5+5 from April 2018
* Returning $87,550 per annum
* 3% fixed annual increases
* Ideally positioned with transport at your doorstep
* Immediate access to Tullamarine Freeway & all other major arterials.
* Excellent opportunity with strong growth potential

For more information please contact:
Tom Ayfantis 0408 574 0...
Lou Montalti 0488 553 4...

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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