JLL Melbourne CBD Sales and Colliers City Sales have the exclusive privilege of offering for sale a once in a generation property located at 272-282 Lonsdale Street, Melbourne.
Key details of the opportunity include:
· A rare freehold comprising 4 ground floor shops, a first-floor restaurant and rooftop signage
· Absolute prime CBD landholding with almost 20 metres of Lonsdale Street frontage and additional rear access from Sniders Lane
· Directly adjacent to Melbourne Central Shopping Centre & Station and opposite Emporium Melbourne
· Existing net income of $1,002,565 per annum* with significant rental growth potential
· Unparalleled central CBD location in the heart of the Retail Core between Swanston & Elizabeth Streets
· One of the highest foot traffic pedestrian thoroughfares in Australia
· Exceptional development potential within a proven location for successful vertical retail and hospitality offerings
· Surrounded by Melbourne's best retail, office, apartment, hotel and student accommodation developments
· Ideal lease expiry profile providing for vacant possession in 2027
*Approx.
EOI CLOSED NOW - OFFERS UNDER REVIEW
To obtain further information or to arrange an inspection, please contact the exclusive selling agents
JLL Melbourne
Josh Rutman | 0411 27 37 46
Nick Peden | 0402 011 266
MingXuan Li | 0498 688 998
Colliers International
Oliver Hay | 0419 528 540
Daniel Wolman | 0412 957 839
Matt Stagg | 0409 411 300
Leon Ma | 0417 070 725
· Trophy CBD Retail Core Opportunity
· Invest / Develop / Occupy
· Directly adjoining Melbourne Central