PRIME GROUND FLOOR RETAIL WITH LONG TERM TENANCY

39 Melrose Street, North Melbourne VIC 3051

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RetailSize: n/a
Block size: 2877 m² approx.
Discover a prime ground floor retail investment nestled on the fringe of Melbourne CBD.

Situated in the heart of the rapidly evolving precinct of North Melbourne, this location offers an ideal setting to establish and expand your business endeavors.

-Commercial 1 Zone
-Secure Long Term Lease
-Building Area: 112sqm*
-Rear Access
-Conveniently Situated Close to Melbourne's medical precinct, Melbourne University, RMIT - Village & Queen Victoria Market
-Passing rent $30,000 Net
-Lease Term 3+3+3 with market review option

For further details, reach out to Hudson Bond Commercial.

Features include: Air Conditioning,Heating,Close to Transport,Close to Shops,Alarm System,Car Parking - Surface,Kitchenette,Toilet Facilities

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

Send an enquiry

Contact Dylan Ashby to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Retail
Block Size:
2877 *

Other Details

Lot:
1
Plan:
LP62566
Legal description:
1\LP62566

Maps and area information

Block information
Block size: 2877 (approx)
Legal description: 1\LP62566
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
11 Sep 2020
Sold
Hudson Bond Commercial Pty. Ltd.
Listed: 04/03/2020
Transfer type: Full transfer

North Melbourne suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
32 years
Population
14,953
Listing ID: 182304748. This listing has been viewed 4 times. It was first displayed on 16/02/2024 and last updated on 28/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.