Cushman & Wakefield Melbco Middle Markets are proud to exclusively offer 99 Queen Street, Melbourne for sale. Located in the prestigious Queen Street precinct, this 12-storey office building presents a unique investment opportunity. Surrounded by high-calibre legal and financial firms, 99 Queen Street is positioned in an area known for its premium offerings.
The building offers substantial value-add potential through strategic repositioning and further refurbishments standing amidst ongoing developments, enhancing its appeal to businesses and occupiers alike. It boasts easy access to exceptional retail, hospitality, and daily amenities, supported by comprehensive public transport links including tram, train, and bus services. This property is not just an office space but a cornerstone for potential growth and innovation in a highly coveted location:
- Prominently positioned in Melbourne CBD, this substantial freehold site spans 508sqm* and features an impressive 31m* street frontage, ensuring high exposure.
- Currently 38% leased with a short WALE of 0.6 years on income, providing an excellent opportunity to acquire with vacant possession.
- Boasts a total net lettable area of 4,682sqm* across flexible floorplates, designed to meet the demands of modern tenants.
- Ideally located within the sought-after legal and financial precinct on Queen Street, close to the vibrant Collins Street hub.
- Offers holding income with substantial opportunities for value-add, repositioning, and owner-occupation, presenting a rare blank canvas in this exclusive precinct.
- Prominent 12-storey building with high quality office accommodation.
- Naming rights presenting a unique opportunity to generate additional income through highly visible property position or establish as distinguished headquarters.
- Features an efficient side service lift core configuration that maximizes natural light and offers optimal flexibility for various tenancy configurations.
Cushman & Wakefield Melbco Middle Markets is excited to present 99 Queen Street for sale via International Expressions of Interest closing 27 June 2024 at 12pm (AEST).
*Approximate
Daniel Wolman
+61 412 957 839
Oliver Hay
+61 419 528 540
Leon Ma
+61 417 070 725
