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
