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1120-1122 Mt Alexander Road, Essendon, VIC, 3040
Essendon
Fitzroys is delighted to offer one of Essendon’s most high profile and impeccably presented freeholds, leased to global fast-food giant Zambrero and Estaflora florist and café.
1120 & 1122 Mt Alexander Road presents an exceptional land rich inner city investment opportunity offered for sale via Expressions of Interest.
Key attributes include:
- Two separate immaculately renovated shops with brand-new fit outs completed in 2023 – offered together
- Leased to fast-food giant Zambrero with 300 locations globally and Estaflora florist and café
- High profile prime position situated in the heart of the tightly held North Essendon Retail Village
- Strategic and centrally located landholding of 619sqm* (one of the largest blocks in this location)
- Two street frontages of over 12 metres* each to Mt Alexander Road and Winifred Street
- Total return of $142,000* per annum plus outgoings and GST
- On site secure parking for 8 cars
- Neighbouring Coles, Punt Hill Apartments, Subway, Dominos, Flight Centre, Bakers Delight, Fergusson Plarre and many more
- Only 8kms* north of Melbourne’s CBD with excellent connectivity to surrounding suburbs via Tullamarine Freeway and City Link
- Convenient public transport linkages with tram 59 at the doorstep and abundant public parking
- Valuable tax depreciation benefits
- Within the recently announced North Essendon Activity Centre Plan encouraging development heights of 5 - 10 storeys (STPA)
- Outstanding scope for a range of future development outcomes (stpa)
Lease details:
1120 Mt Alexander – Zambrero
Term: 7 + 5 years
1122 Mt Alexander – Estaflora florist & café
Term: 2 + 2 +2 years
For further details or an inspection, please contact Fitzroys selling agents, Ervin Niyaz or Chris Kombi.
*Approx.
Remember to mention you found this property on CommercialReady
Fitzroys is delighted to offer one of Essendon’s most high profile and impeccably presented freeholds, leased to global fast-food giant Zambrero and Estaflora florist and café.
1120 & 1122 Mt Alexander Road presents an exceptional land rich inner city investment opportunity offered for sale via Expressions of Interest.
Key attributes include:
- Two separate immaculately renovated shops with brand-new fit outs completed in 2023 – offered together
- Leased to fast-food giant Zambrero with 300 locations globally and Estaflora florist and café
- High profile prime position situated in the heart of the tightly held North Essendon Retail Village
- Strategic and centrally located landholding of 619sqm* (one of the largest blocks in this location)
- Two street frontages of over 12 metres* each to Mt Alexander Road and Winifred Street
- Total return of $142,000* per annum plus outgoings and GST
- On site secure parking for 8 cars
- Neighbouring Coles, Punt Hill Apartments, Subway, Dominos, Flight Centre, Bakers Delight, Fergusson Plarre and many more
- Only 8kms* north of Melbourne’s CBD with excellent connectivity to surrounding suburbs via Tullamarine Freeway and City Link
- Convenient public transport linkages with tram 59 at the doorstep and abundant public parking
- Valuable tax depreciation benefits
- Within the recently announced North Essendon Activity Centre Plan encouraging development heights of 5 - 10 storeys (STPA)
- Outstanding scope for a range of future development outcomes (stpa)
Lease details:
1120 Mt Alexander – Zambrero
Term: 7 + 5 years
1122 Mt Alexander – Estaflora florist & café
Term: 2 + 2 +2 years
For further details or an inspection, please contact Fitzroys selling agents, Ervin Niyaz or Chris Kombi.
*Approx.
Remember to mention you found this property on CommercialReady
1120-1122 Mt Alexander Road, Essendon, VIC, 3040
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
