Skip to main content
SearchBack to results

Ground Floor, 430 Little Collins Street Melbourne VIC 3000

  • Retail
  • 738 m²
  • Expressions of Interest

EXPANSIVE GROUND FLOOR CORNER CBD RETAIL INVESTMENT WITH SUBSTANTIAL UPSIDE

Colliers International is proud to offer For Sale the Ground Floor, 430 Little Collins Street with the following key attributes:

- High exposure corner CBD retail investment situated on the ground floor of Normanby Chambers boasting extensive frontage and retail exposure along Little Collins Street and New Chancery Lane

- State of the art hospitality venue comprising a title area of 540m²* plus 198m²* of exclusive common area (99 year lease), featuring high ceilings, commercial kitchen and modern fixtures and fittings

- The property comprises five titles providing the opportunity to subdivide and/or sell down in the future
- Diverse tenancy mix and income through Ike-Jime, Bennys Burgers and Barista by Vue, all of which are owned and operated by Vue Group a renowned Australian restaurant group founded by celebrated chef Shannon Bennett

- Fully leased until 30 June 2026 returning a substantial income of $496,705 per annum

- Future rental growth with fixed annual increases of 3.00%

- Super prime locality set to directly benefit from major commercial projects including Cbus Propertys $1.25 billion Collins Arch development and the landmark office project at 435 Bourke Street bringing an additional 113,000sqm of office accommodation

- Melbourne is set to overtake Sydney as the nations most densely populated city by 2026. Australias current population sits at approximately 24 million and is expected to reach 49 million by 2066*

- Convenient access to Flinders Street and Southern Cross Train Stations and major tram and bus links along Queen Street, William Street, Bourke Street and Collins Street

- A once in a lifetime opportunity to purchase a trophy CBD retail investment in Melbournes highly sought-after Financial Precinct

*Approximate

For Sale by Expressions of Interest Closing Wednesday 21st August at 12pm .

To arrange an inspection or for more information please contact the Colliers International Melbourne City Sales team as the exclusive selling agents:

Oliver Hay +61 419 528 540

Chris Ling +61 419 294 346

Anthony Kirwan +61 431 952 430

This property is proudly marketed by the Melbourne City Sales team (MCS).

EXPRESSION OF INTEREST

Closing date and time21/08/2019 12:00
Recipient nameOliver Hay
Delivery addressLevel 30, 367 Collins Street, Melbourne

Property Highlights

Property ID2015459750
Floor Area738 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  26 Jul 2019
Map for Ground Floor, 430 Little Collins Street Melbourne VIC 3000
Colliers International (Victoria)
Level 30 367 Collins Street Melbourne VIC 3000

Ask Oliver Hay about this property

By sending this message, you agree to our Privacy Policy.

More Properties for Sale from Colliers International (Victoria)

Corner Level 1, 2 Collins Street Melbourne VIC 3000
Commercial Auction
corner level 1, 2 collins street,melbourne, VIC 3000
91 m²
Offices
67 Gipps Street Collingwood VIC 3066
Commercial Auction
67 gipps street,collingwood, VIC 3066
395 m²
Offices
Level 2, 100 Flinders Street Melbourne VIC 3000
Expressions of Interest
level 2, 100 flinders street,melbourne, VIC 3000
317 m²
Offices
Contact Agent