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Shop 6R, 200 Spencer Street Melbourne VIC 3000

  • Retail
  • 32 m²
  • Commercial Auction

HIGH EXPOSURE MELBOURNE CBD RETAIL INVESTMENT

Colliers International is pleased to present the opportunity to purchase Shop 6R, 200 Spencer Street, Melbourne.

- Prominent CBD retail investment fully leased by Elite Real Estate, located between Bourke and Little Bourke Streets

- Situated directly opposite Southern Cross Train Station, the property benefits from high street exposure and strong levels of pedestrian traffic

- Brand new five (5) year term commencing October 2019 with one (1) further term of (5) years

- Impressive net income of $55,980 p.a. with fixed 4% annual increases, providing strong rental growth

- Benefits from one (1) secure basement car park on title

- Fully fitted retail accommodation with reception, meeting room, open plan office, kitchenette and amenities

- Directly opposite to Southern Cross Transportation Hub, providing direct access to the CBD grid and wider Melbourne

- Surrounded by upcoming landmark commercial and residential developments including West Side Place, Premier Tower and international hotel chain Mandarin Oriental at 600 Collins Street

- Excellent connectivity to major arterials including Kings Way, Princes Highway and the Monash Freeway

* Approximate

For Sale by International On-Site Public Auction on Thursday 21st November at 12.00pm

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

Colliers International

Chris Ling +61 419 294 346
Oliver Hay +61 419 528 540
Anthony Kirwan +61 431 952 430

Auction date and time21/11/2019 12:00
Auction locationShop 6R, 200 Spencer Street, Melbourne

Property Highlights

Property ID2015780400
Floor Area32 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  22 Oct 2019
Map for Shop 6R, 200 Spencer Street Melbourne VIC 3000
Colliers International (Victoria)
Level 30 367 Collins Street Melbourne VIC 3000

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