JLL Melbourne CBD Sales and Colliers City Sales have the exclusive privilege of offering for sale a once in a generation property located at 272-282 Lonsdale Street, Melbourne.
Key details of the opportunity include:
+ A rare freehold comprising 4 ground floor shops, a first-floor restaurant and rooftop signage
+ Absolute prime CBD landholding with almost 20 metres of Lonsdale Street frontage and additional rear access from Sniders Lane
+ Directly adjacent to Melbourne Central Shopping Centre & Station and opposite Emporium Melbourne
+ 100% leased to 6 tenants with a current net income of $1,002,565 per annum* and significant rental growth potential
+ Unparalleled central CBD location in the heart of the Retail Core between Swanston & Elizabeth Streets
+ One of the highest foot traffic pedestrian thoroughfares in Australia
+ Exceptional development potential within a proven location for successful vertical retail and hospitality offerings
+ Surrounded by Melbourne’s best retail, office, apartment, hotel and student accommodation developments
+ Ideal lease expiry profile providing for vacant possession in 2027
*Approx.
EOI NOW CLOSED - OFFERS UNDER REVIEW
To obtain further information or to arrange an inspection, please contact the exclusive selling agents
JLL Melbourne
Josh Rutman | 0411 27 37 46
Nick Peden | 0402 011 266
Mingxuan Li | 0498 688 998
Colliers International
Oliver Hay | 0419 528 540
Daniel Wolman | 0412 957 839
Matt Stagg | 0409 411 300
Leon Ma | 0417 070 725
Remember to mention you found this property on CommercialReady
