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Sold on 7 Jun 2019

39-41 Little Collins Street Melbourne VIC 3000

  • Shop & Retail
  • 511 m²
  • Sold

PROMINENT CBD CORNER FREEHOLD IN THE PARIS END

Colliers International is pleased to present the opportunity to purchase 39-41 Little Collins Street, Melbourne with the following key attributes:

- An exceptional three-storey freehold located in Melbournes exclusive Paris end, surrounded by premium grade office buildings, hotels, major developments and the citys best eateries and retail
- Overlooking the prestigious Melbourne Club and neighbouring the Sheraton hotel as well as many of Melbournes top retail and hospitality destinations
- A dominant, triple street fronted freehold with rear access and 511m² of NLA
- Diversified income across two tenancies returning a net income of $183,182.72* per annum plus GST and outgoings
- Ground floor leased to the highly awarded Lupino, a Melbourne institution serving up arguably Melbournes best Italian whilst level 1 is occupied by a sustainable solutions company, Alternative Technology Association
- Upper Levels provide short term holding income and vacant possession allowing for ultimate flexibility and future upside
- Future development upside with potential for additional levels (STCA), ideal for any combination of retail, hospitality or office space
- Elevated pedestrian traffic with thousands of workers, residents, students and tourists using Little Collins Street to and from Parliament Train Station
- An extremely rare opportunity to purchase a triple street fronted east end freehold

*Approx.

FOR SALE BY ON-SITE PUBLIC AUCTION CLOSING FRIDAY 7TH JUNE AT 2:00PM AEST

To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents.

Oliver Hay +61 419 528 540

Daniel Wolman +61 412 957 839

Chris Ling +61 419 294 346

David Sia +61 430 111 223

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

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

LCS

AUCTION

Auction date and time07/06/2019 14:00
Auction location39-41 Little Collins Street, Melbourne VIC

Property Highlights

Property ID2015231296
Date Sold7 Jun 2019
Floor Area511 m²
Land Area220 m²
ParkingOn site parking available
Category
Last updated  5 Feb 2020
Map for 39-41 Little Collins Street Melbourne VIC 3000
Map for 39-41 Little Collins Street Melbourne VIC 300039-41 Little Collins Street Melbourne VIC 3000
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Colliers International Melbourne
Level 30/367 Collins St Melbourne 3004 VIC 3004

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