Exceptional Corner Retail With Dual Tenancies

Shops 1 & 2, 487-497 Flinders Lane, Melbourne, Victoria 3000

Retail For Sale

Private Treaty
Floor Area: 235.00 m2.    

Description

Colliers International is please to present the opportunity to purchase Shops 1 & 2, 487-497 Flinders Lane with the following key attributes;

- Two large shops on a CBD corner with extensive street frontage onto Flinders Lane
- Surrounded by high-density residential and commercial developments including the newly refurbished Rialto, fully leased 567 Collins Street, Collins Tower and Cbus Property’s $1.25 billion development at 447 Collins Street
- Combined Net Lettable Area of 235m²*
- Net Income of $171,894* per annum plus GST and Outgoings
- Future upside with potential to subdivide in to multiple tenancies (STCA)
- Surrounded by Melbourne's biggest tourist attractions including the Melbourne Aquarium, Southgate and Crown Casino Entertainment Precinct, this CBD retail asset has all the right attributes
- Close proximity to public transport including major train terminals at Southern Cross and Flinders Street Railway Stations, as well as tram services along Collins, Flinders and Spencer Streets
- Exceptional opportunity to acquire two retail shops in a rapidly growing pocket of the CBD

For Private Sale

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

*Approx

Features

  • Affordable CBD retail opportunity
  • Future subdivision potential (STCA)
  • Ulitmate flexibility with two tenants

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