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Ground Floor, 118 Franklin Street
Melbourne VIC 3000
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Sold on 31 Aug 2016

Ground Floor, 118 Franklin Street Melbourne VIC 3000

  • Shop & Retail
  • 141 m²
  • Sold

PRIME RETAIL IN THE CBD’S FASTEST GROWING PRECINCT

Colliers International is pleased to present the opportunity to purchase Ground Floor, 118 Franklin Street, Melbourne with the following key attributes:

- A large retail shop spread across two titles with extensive shop frontage
- Conveniently located on Franklin Street between Queen and Elizabeth Streets within close proximity to Emporium, RMIT, and Melbourne Central
- Strategically positioned in one of Melbourne’s most desired high density residential development precincts, on the doorstep of the Queen Victoria Market Renewal Project, expected to be completed in 2019
- Ground floor area of 141m²*
- Net income of $110,713* per annum plus GST and outgoings
- Future upside with the potential to subdivide into multiple tenancies (STCA)
- High foot traffic precinct resulting from a growing student population, extensive high rise development and Queen Victoria Market
- Well serviced by public transport via Melbourne Central Train Station and major tram routes along Elizabeth Street
- An exceptional opportunity for all investors and future owner occupiers to acquire an affordable CBD retail asset in the fastest growing pocket of the CBD

*Approx.

For Sale by International Public Auction on Friday 23rd September at 1pm On-Site

To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team as the exclusive selling agents.

David Sia ??? +61 430 111 223
Oliver Hay +61 419 528 540
Daniel Wolman +61 412 957 839

Evolve - Gary Cakir

www.colliers.com.au/23829

This property is proudly marketed by the Melbourne City Sales team (MCS)

AUCTION

Auction date and time23/09/2016 00:00
Auction location1pm

Property Highlights

Date Sold31 Aug 2016
Floor AreaAsk Agent
Land Area141 m²
ParkingOn site parking available
Property ID2012818790
Category
Last updated  8 Dec 2016
Map for Ground Floor, 118 Franklin Street Melbourne VIC 3000

Property Highlights

Date Sold31 Aug 2016
Floor AreaAsk Agent
Land Area141 m²
ParkingOn site parking available
Property ID2012818790
Category
Last updated  8 Dec 2016
Level 30/367 Collins St Melbourne VIC 3000

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