A Prime Freestanding Melbourne CBD Chinatown Retail Investment

219 Russell Street, Melbourne, Victoria 3000

Retail For Sale

Auction. Date 22 Nov 2018
Floor Area: 364.00 m2.    

Description

Colliers International and CBRE are pleased to present the opportunity to purchase 219 Russell Street with the following key attributes:

• Classically designed mixed-use building of 400m²* with substantial ceiling heights and terrific natural light
• Dual access address via well known Chinatown laneway Waratah Place
• Offering a short term holding income of $147,978 p.a.* across the retail tenancies and the flexibility of two (2) levels offered vacant possession
• Centrally located in the Melbourne CBD’s retail core located on Russell Street within the Melbourne CBD’s bustling China town
• Surrounded by major shopping centre and transport nodes including QV Complex, Emporium Melbourne, Melbourne Central, Mid City Centre and Target Centre.
• Multiple income streams with additional signage income

*Approximate

For Sale by on-site public auction on Thursday 22nd November 2018 at 12.00pm AEDT

OPEN INSPECTION TIMES:
WEDNESDAY 12.30 - 1.00PM
THURSDAY 12.30 -1.00PM

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

Colliers International
Oliver Hay +61 419 528 540

Daniel Wolman +61 412 957 839

David Sia +61 430 111 223

CBRE
Max Ruttner +61 425 799 942

Alex Brierley +61 447 974 447

Josh Rutman +61 499 881 202

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

Features

  • IRREPLACEABLE CBD RETAIL CORE LOCATION
  • ENORMOUS VALUE-ADD OPPORTUNITIES
  • FIRST TIME OFFERED IN OVER 50 YEARS

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