A PRIME CORNER CBD FREEHOLD

383-387 Lonsdale Street (Crn. Niagara Lane), Melbourne, Victoria 3000

Retail For Sale

Expressions of Interest. EOI Date 2 Oct 2019
Land Area: 444.00 m2.    Floor Area: 1,029.00 m2.    

Description

Colliers International are proud to offer for sale 383-387 Lonsdale Street, Melbourne.

• A dominant three (3) storey building plus basement, benefiting from multiple street frontages

• Exceptionally located on the corner of Lonsdale Street and Niagara Lane, in the centre of Melbourne’s CBD

• Substantial passing income of $542,788 with fixed 3.75% annual increases

• Future value-add and development opportunities – perfectly suited for retail, hospitality, office or residential uses

• Immediate proximity to Emporium Melbourne, Bourke Street Mall, Melbourne GPO and Melbourne Central

• Surrounded by over $3 billion worth of landmark residential and commercial developments including Brady Group’s project at 380 Lonsdale Street, the future NAB headquarters at 405 Bourke Street and CBUS Property’s $1 billion project at 435 Bourke Street

• Direct access to public transport including Melbourne Central Station and tram routes along Elizabeth Street, Bourke Street and La Trobe Street

• The ultimate CBD investment opportunity surrounded by Melbourne’s best

*Approx / #STPA

FOR SALE BY INTERNATIONAL EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 2 OCTOBER 2019 AT 12.00PM

For further information or to arrange an inspection of the property please contact Colliers International as the exclusive selling agents.

David Sia 谢忠佑 +61 430 111 223
Oliver Hay +61 419 528 540
Daniel Wolman +61 412 957 839
Guy Wells +61 405 612 416

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

Features

  • TRIPLE STOREY CORNER FREEHOLD BUILDING
  • EPICENTRE OF MELBOURNE’S CBD
  • FULLY LEASED WITH FIXED RENTAL INCREASES

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