High Profile Central Melbourne CBD Value-Add Investment – Be A Part of the Queen Street Renaissance!
JLL Melbourne CBD Sales has the exclusive privilege of offering for sale a high profile 12-level freehold office building located within an acclaimed central Melbourne CBD precinct – 99 Queen Street, Melbourne.
Key details of the opportunity include:
• A prominent 12-storey (plus basement) commercial investment in a strategic central Melbourne location
• Leased to 12 established tenants with immense rental upside potential
• Total Net Lettable Area of 4,682sqm* including high exposure ground floor and basement retail
• Set upon a freehold landholding with significant frontage to Queen Street and valuable rear access via Austral Lane
• Efficient side service core configuration providing high levels of natural light optimal flexibility for tenancy configurations
• Ideal floor plate size (ave. 379sqm) to take advantage of the most active tenancy requirements
• Positioned within the tightly held Central Precinct of the Melbourne CBD, close to Collins Street and directly opposite major repositioning/redevelopment projects by GPT and CBUS
• Substantial value enhancement opportunities through refurbishment and subdivision plus scope for future redevelopment
• One of the last remaining CBD thoroughfares with substantial on-street car parking, complemented by several bus, tram and railway services
• 0 Star NABERS Energy Rating
*Approx.
99 Queen Street, Melbourne is For Sale by International Expressions of Interest closing Thursday 23 March 2023 at 2pm (AEDT).
To obtain further information or to arrange an accompanied inspection, please contact JLL Melbourne CBD Sales.
Josh Rutman | 0411 27 37 46
Nick Peden | 0402 011 266
MingXuan Li | 0498 688 998
Remember to mention you found this property on CommercialReady
