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Ground Floor/487-497 Flinders Lane Melbourne VIC 3000

  • Shop & Retail
  • 236 m²
  • For Sale, Contact Agent

TWO (2) FULLY LEASED GROUND FLOOR MELBOURNE CBD RETAIL INVESTMENTS

  • Long leases to service retail tenants
  • High growth Melbourne CBD location
  • Commanding corner position

+ Two (2) ground floor Melbourne CBD investments fully leased to Goodie Catering and Abs Barber Shop returning a total income of $168,500 p.a*.

+ Located on the prominent corner of Flinders Lane and Highlander Lane benefitting from over 30 metres of retail frontage.

+ Goodie Catering Leased on a 5 + 5 year lease returning a total income of $103,500 p.a* with 3.5% annual increases. Providing high quality catering services throughout the Melbourne CBD, straight from the kitchen priding their services on super fresh and on time delivery.

+ Abs Barber Shop - Leased on a 5 + 5 + 5 + 5 year lease returning a total income of $65,000 p.a* with 4% annual increases. An established business with three (3) separate stores across the Melbourne CBD servicing their own catchment area of residents, office workers and tourists.

+ Positioned in one of Melbournes trendiest locations within the Melbourne CBDs booming western core with an enormous catchment area of office workers, tourists & residents

+ Surrounded by major hotel and office development projects including Tune Hotel Flinders St , BPMs Quincey Hotel, Paul Littles Hyatt Centric and Charter Halls landmark 555 Collins Street office development set to drive value and increase foot traffic across the precinct

+ Supported by a myriad of key public transportation options including the Flinders Street tram network and Southern Cross Train Station both within walking distance

FOR SALE VIA PUBLIC EXPRESSIONS OF INTEREST CLOSING THURSDAY 10TH DECEMBER AT 2:00PM

Nathan Mufale
+61 416 789 218

Alex Brierley
+61 447 974 447

Jing Jun Heng
+61 411 059 116

Property Highlights

Property ID2016590692
Floor Area236 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  26 Nov 2020
Map for Ground Floor/487-497 Flinders Lane Melbourne VIC 3000
Map for Ground Floor/487-497 Flinders Lane Melbourne VIC 3000Ground Floor/487-497 Flinders Lane Melbourne VIC 3000
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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