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Sold on 4 Dec 2019

11 Heffernan Lane Melbourne VIC 3000

  • Retail
  • 440 m²
  • Sold

A FREESTANDING MELBOURNE CBD RETAIL INVESTMENT IN THE BUSTLING CHINATOWN DISTRICT

  • FOUR (4) LEVEL FREESTANDING RETAIL
  • EIGHT (8) YEAR NET LEASE
  • 7-DAY/24-HOUR CHINATOWN RETAIL TRADE

A four (4) level freestanding CBD retail building situated in the heart of Melbournes Chinatown Precinct

Centrally located in the Melbourne CBDs retail core located between Swanston and Russell Streets

Offered with an eight (8) year net lease returning $213,075 pa* with 4% fixed annual rental increases

Benefiting from 7-day/24-hour Chinatown retail trade, attracting over 3 million local, interstate and international visitors per year

Dual access points allowing for a variety of future configurations and uses including multi-level hospitality, retail, residential or student accommodation (STPA)

Enormous value-add opportunities and potential for rooftop garden/dining activation (STPA)

Surrounded by major shopping centres and transport nodes including QV Complex, Emporium Melbourne, Melbourne Central, Mid City Centre and Target Centre

FOR SALE VIA PUBLIC ON-SITE AUCTION ON FRIDAY 18TH MAY 2018 AT 2.30PM

For more information please contact the sales and marketing agents:

CBRE

Josh Rutman
+61 499 881 202

Alex Brierley
+61 447 974 447

Jing Jun Heng
+61 411 059 116

Morley Commercial

James Lie
+61 434 641482

Andrew Morley
+61 418 319 443

approx*

Address11 Heffernan Lane Melbourne VIC 3000
ZoningCCZ2 - Capitcal City Zone (CCZ) Schedule 2
CouncilMELBOURNE CITY
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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AUCTION

Auction date and time18/05/2018 14:30
Auction locationON-SITE AUCTION

Property Highlights

Property ID2014313075
Date Sold4 Dec 2019
Floor Area440 m²
Land AreaAsk Agent
ParkingAsk Agent
Building TypeWhole building
Category
Last updated  2 Dec 2019
Map for 11 Heffernan Lane Melbourne VIC 3000
Map for 11 Heffernan Lane Melbourne VIC 300011 Heffernan Lane Melbourne VIC 3000
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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