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Sold on 18 Oct 2019

Tenancy 1R/3 Freshwater Place Southbank VIC 3006

  • Retail
  • 509 m²
  • Sold

TWO LEVEL RETAIL INVESTMENT LEASED WELL KNOWN TENANT

  • Southbank Promenade location
  • Fully leased to major hospitality tenant
  • 509sqm* over two levels

- Located in one of Melbourne's most tightly held retail locations, a short walking distance to the Melbourne CBD, Crown Casino and within Southbank dining and entertainment precinct

- Situated at the base of the mixed use office and retail complex 'Freshwater Place' this two level retail premises comprises of 509sqm* (gross building area including all internal areas) plus a spillover area of 103sqm* (occupied via leasehold arrangement)

- Leased to a major hospitality tenant with a passing income of $354,122.47 per annum*.

- Positioned within Melbourne's fastest growing and most densely populated suburb. More then 18,000 residents, 45,000 workers and 80,000 visitors every day

- Set to benefit from nearby world class development projects including 'Australia 108' and 'Southbank by Beulah' driving capital and rental values well into the future

- Supported by a myriad of major public transportation in the Queensbridge Street tram network and Flinders Street Train Station both within walking distance

*Approx

FOR SALE VIA PUBLIC ON-SITE AUCTION FRIDAY 18TH OCTOBER 2019 AT 12.30PM

Open for Inspections:

Wednesday 16th October at 1:30PM

Julian White
+61 422 764 137

Nathan Mufale
+61 416 789 218

Alex Brierley
+61 447 974 447

Leon Ma
+61 417 070 725

AUCTION

Auction date and time18/10/2019 12:30
Auction locationTGI Fridays, 3 Freshwater Pl, Southbank

Property Highlights

Property ID2015642645
Date Sold18 Oct 2019
Floor Area509 m²
Land AreaAsk Agent
ParkingAsk Agent
Building TypePartial building
Category
Last updated  18 Oct 2019
Map for Tenancy 1R/3 Freshwater Place Southbank VIC 3006
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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