JLL Melbourne CBD Sales has the exclusive privilege of offering for sale a core Melbourne CBD freehold investment in the City’s 24-hour Precinct - 157-159 Swanston Street, Melbourne.
Key details of this exceptional opportunity include:
+ A 3-level double fronted Swanston Street freehold investment with flawless occupancy history
+ Fully leased to established tenants including national retailer EzyMart
+ Current Net Passing Income: $524,160 per annum*
+ Two high exposure ground level shops with fully refurbished upper floors used as a restaurant
+ An extensive 10.5 metre* frontage to Swanston Street with additional rear frontage to Masons Lane
+ Absolute prime location within the most highly trafficked street in the epicentre of the Melbourne CBD Retail Core – a true 24/7 pedestrian precinct
+ Metres from Bourke Street Mall and in immediate proximity to Myer, David Jones, Emporium Melbourne, Chinatown and Melbourne Town Hall.
+ Unrivalled exposure to an average of 28,000^ pedestrians daily and over 10,200,000^ annually
+ Surrounded by unmatched public transport connectivity with trams at the doorstep and set to benefit from the completion of two brand new Metro Rail stations
+ An extremely tightly held location in Melbourne, with only two (2) freehold Swanston Street properties changing hands since 2018
+ A generational opportunity within a location set to thrive through all market cycles
157-159 Swanston Street, Melbourne is For Sale by International Expressions of Interest closing Friday 8 December at 2pm (AEDT)
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Nick Peden | 0402 011 266
Josh Rutman | 0411 27 37 46
MingXuan Li 李名轩 | 0498 688 998
^City of Melbourne
· Elite Melbourne CBD retail location
· 10.5m Swanston Street frontage
· First time offered in 35 years
Remember to mention you found this property on CommercialReady
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