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197 Lonsdale Street
Melbourne VIC 3000
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Sold on 27 Jun 2019

197 Lonsdale Street Melbourne VIC 3000

  • Shop & Retail
  • 328 m²
  • Sold

A 3-LEVEL CORNER INVESTMENT IN THE MELBOURNE CBD RETAIL CORE

  • Vast corner exposure
  • Substantial rental uplift potential
  • Outdoor seating permit

+ Located in Melbourne's tightly held retail core directly opposite QV Melbourne, short walking distance to Melbourne Central Shopping Centre, Emporium Melbourne and Swanston Street retail

+ Vast corner exposure to Lonsdale Street & Heffernan Lane with additional rear laneway access totalling 35.56 metres*

+ Multiple entry points allowing for individual access to upper floors & benefitting from rear loading

+ Substantial rental uplift potential with the opportunity to reposition into multi tenancy hospitality/office with rooftop activation (STCA)

+ Benefitting from an outdoor seating permit along Lonsdale Street and Heffernan Lane, including an existing 1am restaurant liquor licence

+ Supported by a myriad of major public transportation in the Swanston Street's tram network, Melbourne Central Train Station and Lonsdale Street bus network all within 300 metres* walking distance

+Set to benefit from Charter Hall's $600 million 'Wesley Place' premium office development delivering 55,000 square metres of office space driving retail demand in the area

For further information please contact the exclusive sales and marketing agents at CBRE:

Alex Brierley
+61 447 974 447

Nathan Mufale
+61 416 789 218

Jing Jun (JJ) Heng
+61 411 059 116

Property Highlights

Date Sold27 Jun 2019
Floor Area328 m²
Land Area137 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231873
Category
Last updated  6 Dec 2021
Map for 197 Lonsdale Street Melbourne VIC 3000

Property Highlights

Date Sold27 Jun 2019
Floor Area328 m²
Land Area137 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231873
Category
Last updated  6 Dec 2021

Listed by

Jing Jun Heng
Jing Jun Heng
CBRE
Call
0411 059 116

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