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  • For sale
Flagstaff Precinct Residential Investment Portfolio - #1
Flagstaff Precinct Residential Investment Portfolio - #2
Flagstaff Precinct Residential Investment Portfolio - #3
Flagstaff Precinct Residential Investment Portfolio - #4
Flagstaff Precinct Residential Investment Portfolio - #5
Flagstaff Precinct Residential Investment Portfolio - #6
Flagstaff Precinct Residential Investment Portfolio - #7
Flagstaff Precinct Residential Investment Portfolio - #8
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Flagstaff Precinct Residential Investment Portfolio - #11
Flagstaff Precinct Residential Investment Portfolio - #12

For Sale

Expressions of Interest closing 8th Dec 2021 12PM
Colliers are delighted to present For Sale 30 Apartments within 557 Little Lonsdale Street, Melbourne, an outstanding residential investment opportunity within the heart of the Melbourne CBD.

•Rarely offered opportunity to acquire a large portfolio of 30 residential apartments simultaneously within a single building.

•Total building area of 1,314sqm comprising 24 one-bedroom apartments and 6 two-bedroom apartments.

•Situated in a blue-chip location in the vibrant northern precinct of the Melbourne CBD, surrounded by public transport, retail and lifestyle amenity.

•The apartments qualify and participate in the National Rental Affordability (NRAS) Scheme which offers investors an annual tax-free distribution until 2024.

•Substantial and diversified current estimated Net Income of $525,512.64* p.a. + GST + Outgoings.

•Future-proof residential location underpinned by immediate proximity to Flagstaff Gardens and set to benefit by significant infrastructure investment in the surrounding University, Biomedical and Queen Victoria Market Precincts.

•Well serviced by public transport networks including Flagstaff Train Station (200m*) and Southern Cross Train Station (350m*) moments away, with convenient access to multiple tram and bus routes.

•Ideally suited to passive investors, local and offshore, occupiers and diversified use players seeking to unlock future upside through commercial ventures including serviced apartments and/or student accommodation.

The Flagstaff Residential Investment Portfolio at 557 Little Lonsdale Street, Melbourne is being offered For Sale by International Expressions of Interest closing Wednesday 8th December 2021 at 12pm.

Inspections by Private Appointment.

For more information regarding this opportunity please contact Colliers as the exclusive selling agents below:

Anthony Kirwan | +61 431 952 430
Sam Nathan | +61 407 552 922
Leon Ma 马海翔 | +61 417 070 725

*Approx.