Fitzroys are delighted to offer 20 Russell Place, Melbourne, a prime entry-level CBD investment superbly positioned between Little Collins Street and Bourke Street, to be offered via Public Auction on Thursday 26 February at 1:00pm.
The property benefits from a new 5 + 5 year lease to a tenant trading as Knickerbocker, a globally recognised New York based brand.
Uniquely positioned, the premises forms part of the retail component of a prominent mixed-use development and enjoys outstanding exposure within a high-foot-traffic laneway environment.
Key attributes include:
- New 5 + 5 year net lease from July 2025
- Immaculately presented brand new fit-out with high ceilings and floor to ceiling glazed shop front allowing exceptional natural light
- Surrounded by world-renowned luxury retailers including Louis Vuitton, Bvlgari, Dior, Georges and more
- Close proximity to premium hotels and hospitality venues including QT, Hyde, Bar Ampere, Gin Palace, Black Kite Commune, Marra-Meo, Gimlet and Il Bacaro
- Short walk from the new Town Hall Train Station and Bourke Street Mall
20 Russell Place, Melbourne represents an outstanding opportunity for an investor to acquire a tightly held CBD retail asset with the benefit of a long-term lease to a globally recognised operator in a blue-chip location.
*Approx.
Remember to mention you found this property on CommercialReady
Fitzroys are delighted to offer 20 Russell Place, Melbourne, a prime entry-level CBD investment superbly positioned between Little Collins Street and Bourke Street, to be offered via Public Auction on Thursday 26 February at 1:00pm.
The property benefits from a new 5 + 5 year lease to a tenant trading as Knickerbocker, a globally recognised New York based brand.
Uniquely positioned, the premises forms part of the retail component of a prominent mixed-use development and enjoys outstanding exposure within a high-foot-traffic laneway environment.
Key attributes include:
- New 5 + 5 year net lease from July 2025
- Immaculately presented brand new fit-out with high ceilings and floor to ceiling glazed shop front allowing exceptional natural light
- Surrounded by world-renowned luxury retailers including Louis Vuitton, Bvlgari, Dior, Georges and more
- Close proximity to premium hotels and hospitality venues including QT, Hyde, Bar Ampere, Gin Palace, Black Kite Commune, Marra-Meo, Gimlet and Il Bacaro
- Short walk from the new Town Hall Train Station and Bourke Street Mall
20 Russell Place, Melbourne represents an outstanding opportunity for an investor to acquire a tightly held CBD retail asset with the benefit of a long-term lease to a globally recognised operator in a blue-chip location.
*Approx.
Remember to mention you found this property on CommercialReady
20 Russell Place, Melbourne, VIC, 3000
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