Cushman & Wakefield Melbco City Sales are delighted to present for sale 385 Little Lonsdale Street, Melbourne, a substantial 5-level corner freehold building in the heart of the CBD, with the following key attributes:
- Superb Melbourne CBD Retail Core location, a true 24/7 precinct.
- Significant underlying land parcel of 351sqm* with prime corner street frontage of 38m* to Little Lonsdale Street & Hardware Street.
- Rare, recently refurbished 5-level retail and office freehold building of 1,110sqm* Net Lettable Area (NLA) plus a secure basement car park for 10+ vehicles, totalling 1,739sqm* Gross Building Area (GBA).
- Partially leased, a diversified current income profile of $301,068.11* + GST + Outgoings p.a. with enormous rental upside to be achieved.
- Genuine opportunities to owner occupy immediately, invest, maximize income returns and add value through rooftop activation, signage or construction of additional levels (STCA).
- Favourable Capital City 1 Zoning (CCZ1) permitting office, accommodation, medical, education, retail, hospitality and mixed uses (STCA).
- Booming Midtown CBD position, surrounded by landmark developments with direct access to all forms of public transport, including Melbourne Central Train Station (120m*).
- Strategic gateway corner location into Melbourne's coveted cultural golden mile, Hardware Lane Dining Precinct.
For Private Sale
For more information, please contact Cushman & Wakefield Melbco City Sales as the exclusive selling agent:
Melbco City Sales
Anthony Kirwan | +61 431 952 430
Daniel Wolman | +61 412 957 839
Oliver Hay | +61 419 528 540
Asia Capital Services
Leon Ma | +61 417 070 725
*approx
*STCA - Subject to council approval
