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Sold on 29 Nov 2021

89-91 Franklin Street Melbourne VIC 3000

  • Shop & Retail
  • 1,495 m²
  • Sold

THE ULTIMATE CBD RETAIL INVESTMENT THAT TICKS ALL THE BOXES

  • 15 Year Lease + Options to Europcar
  • Net Income of $478,551 P.A.
  • Doorstep to New CBD Station

Colliers are proud to offer For Sale 89-91 Franklin Street, Melbourne with the following key selling attributes:

- High profile CBD corner retail investment with thirty three (33) car parks on title.

- Positioned in the heart of the most densely populated block in Australia, surrounded by major CBD skyscrapers, Universities, and the best amenity the CBD has to offer.

- Fully leased to a global business and AAA+ tenant, Australia's leading vehicle rental company, 'Europcar'.

- Estimated current net income of $478,551 + GST + Outgoings p.a.

- 15 year lease commenced 1 September 2011 with options extending until 2041 plus fixed annual rental increases.

- Booming northern CBD precinct underpinned by major infrastructure investment and development.

Situated on the doorstep of the new State Library Train Station.

- An exceptional opportunity to purchase a blue-chip trophy CBD investment with enormous upside.

For Sale by International Expressions of Interest closing Friday 19th November 2021 at 12pm.

To arrange an inspection or for more information please contact the Colliers Melbourne City Sales team below.

Colliers
Oliver Hay | +61 419 528 540
Anthony Kirwan | +61 431 952 430
Leon Ma | +61 417 070 725
George Davies | +61 421 799 489

Oliver Hay
Colliers International Melbourne
Oliver Hay
Colliers International Melbourne
Anthony Kirwan
Colliers International Melbourne
Anthony Kirwan
Colliers International Melbourne
George Davies
Colliers International Melbourne
George Davies
Colliers International Melbourne
Leon Ma
Colliers International Melbourne
Leon Ma
Colliers International Melbourne

Property Highlights

Property ID2017340679
Date Sold29 Nov 2021
Floor Area1,495 m²
Land AreaAsk Agent
Parking33 x Onsite parkings
Category
Last updated  20 Oct 2021
Map for 89-91 Franklin Street Melbourne VIC 3000
Map for 89-91 Franklin Street Melbourne VIC 300089-91 Franklin Street Melbourne VIC 3000
Oliver Hay
Colliers International Melbourne
Oliver Hay
Colliers International Melbourne
Anthony Kirwan
Colliers International Melbourne
Anthony Kirwan
Colliers International Melbourne
George Davies
Colliers International Melbourne
George Davies
Colliers International Melbourne
Leon Ma
Colliers International Melbourne
Leon Ma
Colliers International Melbourne

Property Highlights

Property ID2017340679
Date Sold29 Nov 2021
Floor Area1,495 m²
Land AreaAsk Agent
Parking33 x Onsite parkings
Category
Last updated  20 Oct 2021
Colliers International Melbourne
Level 30/367 Collins St Melbourne VIC 3000
Oliver Hay
Colliers International Melbourne
Oliver Hay
Colliers International Melbourne
Anthony Kirwan
Colliers International Melbourne
Anthony Kirwan
Colliers International Melbourne
George Davies
Colliers International Melbourne
George Davies
Colliers International Melbourne
Leon Ma
Colliers International Melbourne
Leon Ma
Colliers International Melbourne
Oliver Hay

Oliver Hay

Colliers International Melbourne

Anthony Kirwan

Anthony Kirwan

Colliers International Melbourne

George Davies

George Davies

Colliers International Melbourne

Leon Ma

Leon Ma

Colliers International Melbourne

+61 *** ***
+61 419 528 540

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