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385 Little Lonsdale Street
Melbourne VIC 3000
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Cushman & Wakefield Melbourne

385 Little Lonsdale Street Melbourne VIC 3000

  • Offices
  • 1,739 m²
  • For Sale, Contact Melbco City Sales today

PRIME CBD CORNER FREEHOLD IN MELBOURNE'S GOLDEN MILE HARDWARE LANE HOSPITALITY PRECINCT

  • 5-Level Retail & Office Freehold
  • Basement Car Parking x10
  • Retail Core 24/7 Location

Cushman & Wakefield Melbco City Sales are delighted to present for sale 385 Little Lonsdale Street, Melbourne, a substantial 5-level corner freehold building in the heart of the CBD, with the following key attributes:

- Superb Melbourne CBD Retail Core location, a true 24/7 precinct.

- Significant underlying land parcel of 351sqm* with prime corner street frontage of 38m* to Little Lonsdale Street & Hardware Street.

- Rare, recently refurbished 5-level retail and office freehold building of 1,110sqm* Net Lettable Area (NLA) plus a secure basement car park for 10+ vehicles, totalling 1,739sqm* Gross Building Area (GBA).

- Partially leased, a diversified current income profile of $301,068.11* + GST + Outgoings p.a. with enormous rental upside to be achieved.

- Genuine opportunities to owner occupy immediately, invest, maximize income returns and add value through rooftop activation, signage or construction of additional levels (STCA).

- Favourable Capital City 1 Zoning (CCZ1) permitting office, accommodation, medical, education, retail, hospitality and mixed uses (STCA).

- Booming Midtown CBD position, surrounded by landmark developments with direct access to all forms of public transport, including Melbourne Central Train Station (120m*).

- Strategic gateway corner location into Melbourne's coveted cultural golden mile, Hardware Lane Dining Precinct.

For Sale by International Expressions of Interest closing Thursday 11 April 2024 at 12pm.

For more information, please contact Cushman & Wakefield Melbco City Sales as the exclusive selling agent:

Melbco City Sales

Anthony Kirwan | +61 431 952 430

Daniel Wolman | +61 412 957 839

Oliver Hay | +61 419 528 540

Asia Capital Services

Leon Ma | +61 417 070 725

*approx

*STCA - Subject to council approval

Property Highlights

Floor Area1,739 m²
Land Area351 m²
EnergyAsk Agent
Parking10 x Onsite parkings
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019101991
Category
Last updated  8 Mar 2024
Map for 385 Little Lonsdale Street Melbourne VIC 3000

Property Highlights

Floor Area1,739 m²
Land Area351 m²
EnergyAsk Agent
Parking10 x Onsite parkings
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019101991
Category
Last updated  8 Mar 2024
Level 9, 385 Bourke Street Melbourne VIC 3000

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Property FAQs

The agent has not listed a sale price for 385 Little Lonsdale Street Melbourne VIC 3000. Contact the agent for a price guide.
The floor area for 385 Little Lonsdale Street Melbourne VIC 3000 is 1,739 m².
Yes, there are 10 on-site parking spaces available at 385 Little Lonsdale Street Melbourne VIC 3000.
385 Little Lonsdale Street Melbourne VIC 3000 is currently tenanted.
The property highlights for 385 Little Lonsdale Street Melbourne VIC 3000 are '5-Level Retail & Office Freehold', 'Basement Car Parking x10' and 'Retail Core 24/7 Location'.
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