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Domino's Pizza, 1/12 Fitzroy Street, ST KILDA, VIC, 3182

+10 Photos

+12 Photos

SOLD

Domino's Pizza, 1/12 Fitzroy Street, ST KILDA, VIC, 3182

Properties / Sold / Victoria / St Kilda

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Floor Area

96 m² (*approx)

Property Type

Offices, Retail, Child/Healthcare

Sub-type

Strip Retail, Cafe/Restaurant, Office Suites, Mixed Use, Consulting Rooms

Show All

2. Property Highlights

One of Melbourne’s Busiest and Most Recognisable Domino’s

Leased to ASX listed fast food giant
Securely leased to Domino’s to 2024
Fixed 3% annual increases

+ Secure Lease to Domino’s to December 2024.

+ Domino’s Pizza Enterprises Ltd: ASX listed fast food giant with market cap of $12.26 billon (August 2021).

+ Melbourne’s busiest and most recognizable Domino’s in occupancy for 15+ years.

+ Generous 3% fixed annual rent increases allowing for growth.

+ Investor preferred net lease terms with tenant paying all usual outgoing including land tax

+ High profile position on world famous Fitzroy Street surrounded with national tenants including Chemist Warehouse, 7-Eleven, AusPost, and Woolworths

+ Bayside location only 250 metres from St Kilda beach

+ St Kilda: Blue-chip southern suburb, only 4.5km from Melbourne’s CBD with median housing price of $1,900,000* and population forecast to grow by 15.6% in 2041**.

+ Net Income: $56,227 pa + GST

For Sale by Investment Portfolio Auction

11am (AEST) Tuesday 28 September 2021

*REIV

**Forecast ID

Remember to mention you found this property on CommercialReady.com.au

Property Type

Offices, Retail, Child/Healthcare

Sub-type

Strip Retail, Cafe/Restaurant, Office Suites, Mixed Use, Consulting Rooms

Floor Area

96 m² (*approx)

Selling Method

Auction

Selling Details

Price on Request

2. Property Highlights

One of Melbourne’s Busiest and Most Recognisable Domino’s

Leased to ASX listed fast food giant
Securely leased to Domino’s to 2024
Fixed 3% annual increases

+ Secure Lease to Domino’s to December 2024.

+ Domino’s Pizza Enterprises Ltd: ASX listed fast food giant with market cap of $12.26 billon (August 2021).

+ Melbourne’s busiest and most recognizable Domino’s in occupancy for 15+ years.

+ Generous 3% fixed annual rent increases allowing for growth.

+ Investor preferred net lease terms with tenant paying all usual outgoing including land tax

+ High profile position on world famous Fitzroy Street surrounded with national tenants including Chemist Warehouse, 7-Eleven, AusPost, and Woolworths

+ Bayside location only 250 metres from St Kilda beach

+ St Kilda: Blue-chip southern suburb, only 4.5km from Melbourne’s CBD with median housing price of $1,900,000* and population forecast to grow by 15.6% in 2041**.

+ Net Income: $56,227 pa + GST

For Sale by Investment Portfolio Auction

11am (AEST) Tuesday 28 September 2021

*REIV

**Forecast ID

Remember to mention you found this property on CommercialReady.com.au

Tenanted Investment