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157-159 Swanston Street
Melbourne VIC 3000
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157-159 Swanston Street Melbourne VIC 3000

  • Shop & Retail
  • 502 m²
  • For Sale, Contact Agent

A MELBOURNE CBD MASTERPIECE AMONGST SWANSTON STREET'S FINEST

  • Elite Melbourne CBD retail location
  • 10.5m Swanston Street frontage
  • First time offered in 35 years

JLL Melbourne CBD Sales has the exclusive privilege of offering for sale a core Melbourne CBD freehold investment in the City's 24-hour Precinct - 157-159 Swanston Street, Melbourne.

Key details of this exceptional opportunity include:

+ A 3-level double fronted Swanston Street freehold investment with flawless occupancy history
+ Fully leased to established tenants including national retailer EzyMart 
+ Current Net Passing Income: $543,004 per annum*
+ Two high exposure ground level shops with fully refurbished upper floors used as a restaurant
+ An extensive 10.5 metre* frontage to Swanston Street with additional rear frontage to Masons Lane
+ Absolute prime location within the most highly trafficked street in the epicentre of the Melbourne CBD Retail Core a true 24/7 pedestrian precinct  
+ Metres from Bourke Street Mall and in immediate proximity to Myer, David Jones, Emporium Melbourne, Chinatown and Melbourne Town Hall.
+ Unrivalled exposure to an average of 28,000^ pedestrians daily and over 10,200,000^ annually 
+ Surrounded by unmatched public transport connectivity with trams at the doorstep and set to benefit from the completion of two brand new Metro Rail stations 
+ An extremely tightly held location in Melbourne, with only two (2) freehold Swanston Street properties changing hands since 2018
+ A generational opportunity within a location set to thrive through all market cycles

*Approx.

157-159 Swanston Street, Melbourne is For Sale by International Expressions of Interest closing Friday 8 December at 2pm (AEDT)

To obtain further information or to arrange an inspection, please contact the exclusive selling agent.

Nick Peden | 0402 011 266
Josh Rutman | 0411 27 37 46
MingXuan Li | 0498 688 998

^City of Melbourne

·      Elite Melbourne CBD retail location
·      10.5m Swanston Street frontage
·      First time offered in 35 years

Property Highlights

Floor Area502 m²
Land Area211 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018880288
Category
Last updated  27 Nov 2023
Map for 157-159 Swanston Street Melbourne VIC 3000

Property Highlights

Floor Area502 m²
Land Area211 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018880288
Category
Last updated  27 Nov 2023
Level 40 101 Collins Street Melbourne VIC 3000
Nick Peden
Nick Peden
JLL - Melbourne
Josh Rutman
Josh Rutman
JLL - Melbourne

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