395 Flemington Road , North Melbourne

447.00m2
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SHOWROOM/WAREHOUSE INVESTMENT

***SOLD***

Gross Waddell ICR is delighted to introduce a prime showroom warehouse investment for sale. Strategically positioned near the intersection of Flemington Road and Racecourse Road, this property offers unparalleled visibility to passing traffic.

Its prime location ensures easy access to City Link (400m*), direct tram routes to Melbourne's CBD via Flemington Road, 300m to Flemington Bridge train station and a picturesque outlook onto Royal Park, situated just across Flemington Road.

Key Highlights:

- Building area: 447 sqm*
- Rental Income: $65,000* p.a. Net + GST + Outgoings
- Term: three (3) years - comm 21/10/2022
- Options: Three (3) years + Three (3) years
- 4% annual increases & market review at option
- Flemington Bridge train station 300m*
- Five (5) Car Parks individually titled
- Main road exposure
- Quick access to City Link/ M2
- Public transport: Trams on Flemington Rd and Racecourse Rd, Macaulay Train Station 1km* & New Market Train Station 1.3 km*
- Melbourne CBD 4km*
- Melbourne Zoo 1.9 km*
- Tullamarine International Airport 18 kms*

*approx.

Please contact the exclusive sales agents to book a private inspection.

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Level 1, 30 Collins Street
Melbourne VIC 3000