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
