273 Little Lonsdale Street Melbourne VIC 3000

Shop & Retail
58 m²
Sold

Central CBD Retail Investment

Prominent retail corner
Exceptional rental upside
24-hour retail hub

Savills is delighted to offer for sale this premium retail investment opportunity at 273 Little Lonsdale Street, Melbourne. This corner retail property is ideally located within the centre of the Melbourne CBD 24-hour retail precinct, and provides significant rental upside value.

The key attributes of the investment opportunity include:

- Spacious corner retail property with a wide street frontage
- 5 year lease from 10/10/15 with one 5 year option
- Current net rental of $86,254 per annum* offering significant rental upside
- Fixed annual 4% rental increases
- A remarkable 24 hour retail precinct alongside Melbourne Central, Emporium and QV Melbourne
- Unrivalled opportunity in Melbourne's most active and sought after retail location

The opportunity to secure a premium investment property in such a central CBD location is extremely rare, especially when you consider the strong rental demand and capital growth within the CBD precinct. Accordingly, the property will be actively sought after by investors.

*Approx.

Savills Agents:

Julian Heatherich: 0412 995 655
jheatherich@savills.com.au

Benson Zhou: 0458 488 888
bzhou@savills.com.au

Savills Melbourne

Level 29, South Tower, 80 Collins Street,

Melbourne, VIC 3000

Property Highlights

Date Sold	3 Apr 2019
Floor Area	58 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2015015410
Category	Shop & Retail
Last updated	1 Oct 2021

Map for 273 Little Lonsdale Street Melbourne VIC 3000

Nearest transport* to 273 Little Lonsdale Street Melbourne VIC 3000

Bus

Train

Tram

Melbourne Central/Lonsdale St (Melbourne City)	101 m
Melbourne Central/Lonsdale St (Melbourne City)	137 m
Tattersalls Lane/Lonsdale St (Melbourne City)	137 m
Swanston St/Lonsdale St (Melbourne City)	142 m

*Within a 4km radius

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Savills Melbourne

Level 29, South Tower, 80 Collins Street,

Melbourne, VIC 3000

Property Highlights

Date Sold	3 Apr 2019
Floor Area	58 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2015015410
Category	Shop & Retail
Last updated	1 Oct 2021

Co-Agents

Julian Heatherich

Savills Melbourne

Call

0412 995 655

Benson Zhou

Savills Melbourne

Call

0458 488 888

More about 273 Little Lonsdale Street Melbourne VIC 3000

273 Little Lonsdale Street Melbourne VIC 3000 is categorized as Shop & Retail Property. It has a floor area of 58 m². The listing ID for this property is 2015015410.