PROMINENT CBD CORNER FREEHOLD IN THE PARIS END

39-41 Little Collins Street, Melbourne, Victoria 3000

Retail For Sale

Expressions of Interest. EOI Date 7 Jun 2019
Land Area: 220.00 m2.    Floor Area: 511.00 m2.    

Description

Colliers International is pleased to present the opportunity to purchase 39-41 Little Collins Street, Melbourne with the following key attributes:

- An exceptional three-storey freehold located in Melbourne’s exclusive ‘Paris’ end, surrounded by premium grade office buildings, hotels, major developments and the city’s best eateries and retail
- Overlooking the prestigious Melbourne Club and neighbouring the Sheraton hotel as well as many of Melbourne’s top retail and hospitality destinations
- A dominant, triple street fronted freehold with rear access and 511m² of NLA
- Diversified income across two tenancies returning a net income of $183,182.72* per annum plus GST and outgoings
- Ground floor leased to the highly awarded ‘Lupino’, a Melbourne institution serving up arguably Melbourne’s best Italian whilst level 1 is occupied by a sustainable solutions company, ‘Alternative Technology Association”
- Upper Levels provide short term holding income and vacant possession allowing for ultimate flexibility and future upside
- Future development upside with potential for additional levels (STCA), ideal for any combination of retail, hospitality or office space
- Elevated pedestrian traffic with thousands of workers, residents, students and tourists using Little Collins Street to and from Parliament Train Station
- An extremely rare opportunity to purchase a triple street fronted east end freehold

*Approx.

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING FRIDAY 7TH JUNE 12:00PM AEST

To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents.

Oliver Hay +61 419 528 540

Daniel Wolman +61 412 957 839

Chris Ling +61 419 294 346

David Sia 谢忠佑 +61 430 111 223

This property is proudly marketed by the Melbourne City Sales team (MCS).

LCS

Features

  • FIRST TIME OFFERED IN 48 YEARS
  • FULLY LEASED W. MULTIPLE INCOME STREAMS
  • ENDLESS VALUE-ADD OPPORTUNITIES

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