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172-176 Little Bourke Street, Melbourne VIC

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172-176 Little Bourke Street, Melbourne VIC

Melbourne

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172-176 Little Bourke Street, Melbourne VIC
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172-176 Little Bourke Street, Melbourne VIC

Melbourne

Enquire now
172-176 Little Bourke Street, Melbourne VIC

172-176 Little Bourke Street, Melbourne VIC

Properties / Buy / Victoria / Melbourne
Tenanted Investment
Selling Method
Auction
Selling Details
Contact the Savills team Today
Land Area
175 m² (*approx)
Floor Area
321 m² (*approx)
Property Type
Retail, Offices
Sub-type
Strip Retail, Cafe/Restaurant, Whole Building
Terms
New 5+5 year lease
Est. Income
$202,362 p/a
Fully Leased
Chuan Wazi Dumpling House
Show All
RARE CHINATOWN CORNER FREEHOLD WITHIN MELBOURNE CBD’S EAST-END
  • Long-term lease to proven tenant
  • Prominent Chinatown corner site
  • Rare Chinatown trophy opportunity

Savills has the exclusive privilege of offering For Sale by Public Auction this Chinatown trophy freehold investment with a new long-term lease.

 

Key attributes of the property include:

 

  • A 2-level (plus basement) corner retail freehold with NLA of 321sqm*
  • New 5+5 year lease to Chuan Wazi Dumpling House
  • Current Net Income: $202,362 per annum* + GST and Outgoings (land tax already deducted)
  • Triple street fronted landholding of 175sqm*
  • Significant rental upside potential
  • Situated in the heart of Chinatown within Melbourne CBD’s East-End, which enjoys Melbourne’s lowest retail vacancy
  • Located within the true 24-hour retail core of Melbourne’s CBD
  • First time offered for sale in 62 years
  • Melbourne’s most tightly held location, with only 8 Chinatown freehold properties transacted since 2013

 

*Approximate

 

For Sale by Public Auction on Thursday 25 June at 12:30pm on-site

 

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

 

Nick Peden - 0402 011 266

Tom O’Halloran - 0438 078 138

Benson Zhou - 0458 488 888

Read More
Tenanted Investment
Tenanted Investment

172-176 Little Bourke Street Investment Summary

Property Type
Retail, Offices
Sub-type
Strip Retail, Cafe/Restaurant, Whole Building
Est. Income
$202,362 p/a
Number Of Tenants
1
Tenant
Chuan Wazi Dumpling House
Terms
New 5+5 year lease
Land Area
175 m² (*approx)
Floor Area
321 m² (*approx)
Selling Method
Auction
Selling Details
Contact the Savills team Today

Investment Highlights

RARE CHINATOWN CORNER FREEHOLD WITHIN MELBOURNE CBD’S EAST-END
  • Long-term lease to proven tenant
  • Prominent Chinatown corner site
  • Rare Chinatown trophy opportunity

Savills has the exclusive privilege of offering For Sale by Public Auction this Chinatown trophy freehold investment with a new long-term lease.

 

Key attributes of the property include:

 

  • A 2-level (plus basement) corner retail freehold with NLA of 321sqm*
  • New 5+5 year lease to Chuan Wazi Dumpling House
  • Current Net Income: $202,362 per annum* + GST and Outgoings (land tax already deducted)
  • Triple street fronted landholding of 175sqm*
  • Significant rental upside potential
  • Situated in the heart of Chinatown within Melbourne CBD’s East-End, which enjoys Melbourne’s lowest retail vacancy
  • Located within the true 24-hour retail core of Melbourne’s CBD
  • First time offered for sale in 62 years
  • Melbourne’s most tightly held location, with only 8 Chinatown freehold properties transacted since 2013

 

*Approximate

 

For Sale by Public Auction on Thursday 25 June at 12:30pm on-site

 

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

 

Nick Peden - 0402 011 266

Tom O’Halloran - 0438 078 138

Benson Zhou - 0458 488 888

Read More
Tenanted Investment
Nick Peden
Nick Peden
+61 *** *** *** show +61 402 011 266
Message
+61 402 011 266 [email protected] Message
Tom O’Halloran
Tom O’Halloran
+61 *** *** *** show +61 438 078 138
Message
+61 438 078 138 [email protected] Message
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888
Message
+61 458 488 888 [email protected] Message

Download Development Site Report
Nick Peden
Nick Peden
+61 *** *** *** show +61 402 011 266
Message
+61 402 011 266 [email protected] Message
Tom O’Halloran
Tom O’Halloran
+61 *** *** *** show +61 438 078 138
Message
+61 438 078 138 [email protected] Message
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888
Message
+61 458 488 888 [email protected] Message

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172-176 Little Bourke Street, Melbourne VIC

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Property Location of 172-176 Little Bourke Street, Melbourne VIC

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172-176 Little Bourke Street, Melbourne VIC Melbourne
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Savills Melbourne
Savills Melbourne
80, Collins Street, Melbourne, Victoria, Australia, 3000
View Agency Profile
Nick Peden
Nick Peden
+61 *** *** *** show +61 402 011 266
Tom O’Halloran
Tom O’Halloran
+61 *** *** *** show +61 438 078 138
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888
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