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Ground Floor 97-103 Elizabeth Street, Melbourne, VIC, 3000
Melbourne Cbd
Cushman & Wakefield are delighted to present for sale, Ground Floor & Basement, 97-103 Elizabeth Street, Melbourne for sale - unquestionably, one the finest sub $20million retail investment opportunities the Melbourne CBD market has seen in several years.
- Four (4) prime strata retail investment assets comprising the entire ground floor of 97-103 Elizabeth Street, Melbourne, plus a basement title, offered for sale individually, in one line or any combination.
- Premium Retail Core investment opportunity in the heart of the Melbourne CBD, positioned on one of Melbourne’s highest pedestrian foot traffic thoroughfares with 17.5m*frontage, between Collins Street and Bourke Street Mall.
- Two Elizabeth Street assets anchored by blue-chip national fast-food/QSR tenants, ‘Betty’s Burgers’ and ‘Zambrero’ in addition to two high-performing independent retail tenants on Melbourne’s hottest café location, Equitable Place, ‘Decennium Australia’ and ‘Madamimadam’.
- Immediate potential to increase rental income by repositioning and reletting the unencumbered lower ground title of 227sqm*.
- Substantial combined passing net income of $797,043.29 + GST + Outgoings p.a. with a diversified tenancy profile, compounding annual rental increases (3.00%-4.00%) and WALE by income of 3.51* years.
- Situated on the ‘ant track’ to Flinders Street Train Station (400m*), with 10.25* million passing pedestrians every year, (City of Melbourne).
- Offered for sale as part of a deceased estate, a rare opportunity for savvy local and offshore investors with $1.5million to $15million* budget.
For Sale by International Expressions of Interest closing Wednesday 17 July 2024 at 12.00pm.
Anthony Kirwan | +61 431 952 430
George Davies | +61 421 799 489
Leon Ma 马海翔 | +61 417 070 725
Jeff Ha 石军豪 | +61 401 145 166
Remember to mention you found this property on CommercialReady
Cushman & Wakefield are delighted to present for sale, Ground Floor & Basement, 97-103 Elizabeth Street, Melbourne for sale - unquestionably, one the finest sub $20million retail investment opportunities the Melbourne CBD market has seen in several years.
- Four (4) prime strata retail investment assets comprising the entire ground floor of 97-103 Elizabeth Street, Melbourne, plus a basement title, offered for sale individually, in one line or any combination.
- Premium Retail Core investment opportunity in the heart of the Melbourne CBD, positioned on one of Melbourne’s highest pedestrian foot traffic thoroughfares with 17.5m*frontage, between Collins Street and Bourke Street Mall.
- Two Elizabeth Street assets anchored by blue-chip national fast-food/QSR tenants, ‘Betty’s Burgers’ and ‘Zambrero’ in addition to two high-performing independent retail tenants on Melbourne’s hottest café location, Equitable Place, ‘Decennium Australia’ and ‘Madamimadam’.
- Immediate potential to increase rental income by repositioning and reletting the unencumbered lower ground title of 227sqm*.
- Substantial combined passing net income of $797,043.29 + GST + Outgoings p.a. with a diversified tenancy profile, compounding annual rental increases (3.00%-4.00%) and WALE by income of 3.51* years.
- Situated on the ‘ant track’ to Flinders Street Train Station (400m*), with 10.25* million passing pedestrians every year, (City of Melbourne).
- Offered for sale as part of a deceased estate, a rare opportunity for savvy local and offshore investors with $1.5million to $15million* budget.
For Sale by International Expressions of Interest closing Wednesday 17 July 2024 at 12.00pm.
Anthony Kirwan | +61 431 952 430
George Davies | +61 421 799 489
Leon Ma 马海翔 | +61 417 070 725
Jeff Ha 石军豪 | +61 401 145 166
Remember to mention you found this property on CommercialReady
Ground Floor 97-103 Elizabeth 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
