Shop 1/474 Flinders Street Melbourne VIC 3000

Burgess Rawson from CBRE is pleased to offer to the market 'Riverside Deli & Coffee House', located at Shop 1, 474 Flinders Street, Melbourne CBD VIC , for sale via Investment Portfolio Auction 178.

This opportunity has the following key investment highlights:

+ Renewed five (5) year net lease to August 2029.
+ Two (2) further five (5) year options to August 2039.
+ Riverside Deli & Coffee House: long established and successful Melbourne cafe in operation for 30+ years.
+ Prominent corner premises with frontage and exposure to both Flinders Street and Highlander Lane.
+ Valuable Flinders Street frontage within Melbourne's iconic tourist precinct with over 25,000 vehicles passing daily.(1)
+ Directly opposite the historic Sea Life Melbourne Aquarium, ranked amongst the top Melbourne tourist destinations with over 10 million visitors each year.
+ Annual CPI rent reviews.
+ Tenant pays usual outgoings as per the lease.
+ Position perfect: central to major Melbourne landmarks, including Flinders Street Station, Crown Casino, Exhibition Centre and Marvel Stadium, all within 500m*.
+ The City of Melbourne: by 2041, the number of people living in the city is expected to double and reach 308,000.(2)
+ Net Income: $76,760 pa* + GST

For Sale by Investment Portfolio Auction
10:30 am AEST Wednesday 6 August 2025
Garden Room, Melbourne Crown Casino, VIC

Please contact the exclusively appointed team for more information.

* Approx
(1)Gapmaps
(2)Forecast.id