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

Colliers International Melbourne

Level 30/367 Collins St

Melbourne, VIC 3000

Property Highlights

Date Sold	29 Nov 2021
Floor Area	1,495 m²
Land Area	Ask Agent
Parking	33 x Onsite parkings
Property ID	2017340679
Category	Shop & Retail
Last updated	29 Nov 2021

Map for 89-91 Franklin Street Melbourne VIC 3000

Nearest transport* to 89-91 Franklin Street Melbourne VIC 3000

Bus

Train

Tram

Old Melbourne Gaol/Russell St (Melbourne City)	351 m
A'Beckett St/Queen St (Melbourne City)	382 m
La Trobe St/Queen St (Melbourne City)	383 m
Trades Hall/Lygon St (Carlton)	411 m

*Within a 4km radius

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Colliers International Melbourne

Level 30/367 Collins St

Melbourne, VIC 3000

Property Highlights

Date Sold	29 Nov 2021
Floor Area	1,495 m²
Land Area	Ask Agent
Parking	33 x Onsite parkings
Property ID	2017340679
Category	Shop & Retail
Last updated	29 Nov 2021

Listed by

Colliers International Melbourne

Call

03 96298888

More about 89-91 Franklin Street Melbourne VIC 3000

89-91 Franklin Street Melbourne VIC 3000 is categorized as Shop & Retail Property. It has a floor area of 1,495 m². There are 33 x onsite parkings.The listing ID for this property is 2017340679.