383-387 Lonsdale Street (Crn. Niagara Lane) Melbourne VIC 3000

Colliers International are proud to offer for sale 383-387 Lonsdale Street, Melbourne.

A dominant three (3) storey building plus basement, benefiting from multiple street frontages

Exceptionally located on the corner of Lonsdale Street and Niagara Lane, in the centre of Melbournes CBD

Substantial passing income of $542,788 with fixed 3.75% annual increases

Future value-add and development opportunities perfectly suited for retail, hospitality, office or residential uses

Immediate proximity to Emporium Melbourne, Bourke Street Mall, Melbourne GPO and Melbourne Central

Surrounded by over $3 billion worth of landmark residential and commercial developments including Brady Groups project at 380 Lonsdale Street, the future NAB headquarters at 405 Bourke Street and CBUS Propertys $1 billion project at 435 Bourke Street

Direct access to public transport including Melbourne Central Station and tram routes along Elizabeth Street, Bourke Street and La Trobe Street

The ultimate CBD investment opportunity surrounded by Melbournes best

*Approx / #STPA

FOR SALE BY INTERNATIONAL EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 2 OCTOBER 2019 AT 12.00PM

For further information or to arrange an inspection of the property please contact Colliers International as the exclusive selling agents.

David Sia +61 430 111 223
Oliver Hay +61 419 528 540
Daniel Wolman +61 412 957 839
Guy Wells +61 405 612 416

This property is proudly marketed by the Melbourne City Sales team (MCS).