It is with great pleasure that the Savills City Sales Team offers for sale a remarkable CBD freehold investment property, located at 123 Swanston Street, Melbourne.
Positioned within the busiest pedestrian location of Melbourne's CBD Swanston Street, between Collins and Bourke Streets, this property is ideally located to benefit from the ongoing rapidly escalating growth of Melbourne.
The key attributes of 123 Swanston Street include:
- A classic 8 level retail building in excellent condition
- Leased to two tenants, with top three levels not currently used (potential for conversion)
- Current net rental: $438,400 per annum*
- Long leases to strong tenants
- Wide Swanston Street frontage of 6.77 metres*
- An incredible retail location between Collins Street and the Bourke Street Mall
- Situated in the absolute heart of Australia's busiest pedestrian street Swanston Street
- A true CBD trophy investment!
The opportunity to secure high calibre CBD freehold buildings of this nature is very rare, especially taking into account the premium location within Melbourne's retail core, extensive Swanston Street frontage, strong tenant profile and exceptional future growth potential.
Accordingly we encourage prospective purchasers to actively consider this excellent opportunity.
123 Swanston Street, Melbourne CBD is For Sale by Expressions of Interest closing Wednesday 22 July at 2pm.
For further information, please contact:
Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655