Sold
Super-exposed Essendon Retail Corner Anchored by 10-Year Net Lease
1, 3 & 5 Rose Street, Essendon VIC

Stonebridge Property Group is pleased to present for sale 1, 3 & 5 Rose Street, Essendon.

  • Super-exposed Essendon retail corner anchored by a Melbourne commercial florist institution on a vendor favoured 10-Year net lease
  • Amazing Graze Flowers occupy the entirety of the ground floor whilst level one is tenanted by Splash Paediatric Therapy
  • The combined building comprises 469 sqm* of lettable area across 4 titles, a strategic benefit that allows the property to be sold separately if required
  • Amazing Graze Flowers is a hugely successful and highly rated commercial florist offering instore, online, same day delivery and customised flower arrangement services – currently boasting a strong 4.7/5-star rating from 906 Google customer reviews
  • The Amazing Graze offering is further bolstered by a brand new ‘café/tearoom’ which occupies the prime corner shop
  • The property benefits from 405 sqm* of underlying land and 39 m* of valuable exposure to Rose Street’s ultra-wide footpaths, which are strategically utilised by Amazing Graze for outdoor seating
  • The Rose Street Essendon retail village is located on the doorstep of Essendon Train Station – The major station saw 1,480,000* patrons in the 2018-19 financial year and is a strategic benefit for local Rose Street businesses given the amount of foot traffic it attracts.
  • There are currently no retail shops available for lease along the Rose Street retail precinct
  • Providing annual income of $199,000*  + GST + Outgoings

*Approximate

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

 

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