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Medical For Sale found in NORTH MELBOURNE, VIC 3051

BRAND NEW RETAIL OR OFFICE OFFERING

Retail | Medical | Offices

Knight Frank is thrilled to present this simply exceptional retail, hospitality or office opportunity on one of Melbourne’s grandest and fastest evolving boulevards. Forming part of the highly anticipated The Principal development, this is an opportunity not to be missed.
Key details for your consideration include:
-Total Retail Area of 260 sqm*
-Ability to divide space, buy one or both (STCA)
-Three (3) on site car spaces
-Prominent corner frontage of over 36 metres*
-Outdoor seating / dining opportunities (STCA)
-Excellent public transport availability
-Suits both owner occupiers or investors from hospitality, retail or medical industry
-Strategic city-fringe location
-Due for completion early 2019
-Situated within rapidly gentrifying suburb of North Melbourne, within Victoria’s coveted medical and education precincts
The property is for Immediate Private Sale, for further information please contact the exclusive sales and marketing agents, Knight Frank.
*approx

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Price: Contact Agent    Building: 95m² - 260m²    Land: 95m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - North Melbourne, VIC 3051

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $4081 $367 8.99%
Retail $247
Industrial $373
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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