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Fitzroys has the exclusive privilege of offering this standalone 6 level trophy freehold investment located in the prime retail core of Melbourne's CBD via Public Auction on Thursday 18th September at 1pm on site.
This outstanding freehold provides investors and long term owner occupiers with the exceptional flexibility to further value-add, part occupy or reposition part or all of the property.
The key attributes of this outstanding opportunity include:
- Unique triple fronted site of 329sqm* surrounded by Niagara Lane and Warburton Alley
- Combined street boundaries of 87.89 metres*
- Long standing ground floor net lease (Tenant pays land tax) to Mac Pac - subsidiary of ASX listed Super Retail Group
- Prominent 6 level building featuring 4 separate levels of open plan natural light filled offices with exclusive amenities all fully leased. Note: Each level is already strata titled allowing for future sell down options
- Nabers Energy Rating: Exempt
- Versatile Capital City 1 zoning allowing for a multitude of development outcomes (STCA)
- Total current rent of $550,000 pa plus gst providing scope for short term rental uplift
- Only 40 metres from Melbourne's popular restaurant precinct of Hardware Lane and walking distance to Bourke Street Mall, Melbourne Central Shopping Centre and Emporium Melbourne
370 Little Bourke Street presents an outstanding opportunity to acquire a prominent fully leased freehold investment located in the retail core of Melbourne's CBD with potential for rental uplift and re-positioning options
*Approx.
Remember to mention you found this property on CommercialReady
Fitzroys has the exclusive privilege of offering this standalone 6 level trophy freehold investment located in the prime retail core of Melbourne's CBD via Public Auction on Thursday 18th September at 1pm on site.
This outstanding freehold provides investors and long term owner occupiers with the exceptional flexibility to further value-add, part occupy or reposition part or all of the property.
The key attributes of this outstanding opportunity include:
- Unique triple fronted site of 329sqm* surrounded by Niagara Lane and Warburton Alley
- Combined street boundaries of 87.89 metres*
- Long standing ground floor net lease (Tenant pays land tax) to Mac Pac - subsidiary of ASX listed Super Retail Group
- Prominent 6 level building featuring 4 separate levels of open plan natural light filled offices with exclusive amenities all fully leased. Note: Each level is already strata titled allowing for future sell down options
- Nabers Energy Rating: Exempt
- Versatile Capital City 1 zoning allowing for a multitude of development outcomes (STCA)
- Total current rent of $550,000 pa plus gst providing scope for short term rental uplift
- Only 40 metres from Melbourne's popular restaurant precinct of Hardware Lane and walking distance to Bourke Street Mall, Melbourne Central Shopping Centre and Emporium Melbourne
370 Little Bourke Street presents an outstanding opportunity to acquire a prominent fully leased freehold investment located in the retail core of Melbourne's CBD with potential for rental uplift and re-positioning options
*Approx.
Remember to mention you found this property on CommercialReady
370 Little Bourke Street, Melbourne, VIC, 3000
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
