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

1/12 Fitzroy Street, St Kilda VIC

Property Highlights

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

+ 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

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Building Area
96 SQM

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