Retail

272-282 Lonsdale Street, Melbourne

272-282 Lonsdale Street Melbourne, VIC Australia 3000
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Attributes

Building Area Gross
Occupancy 100.0 %

Asset Description

JLL Melbourne CBD Sales and Colliers City Sales have the exclusive privilege of offering for sale a once in a generation property located at 272-282 Lonsdale Street, Melbourne.

 

Key details of the opportunity include:

 

·      A rare freehold comprising 4 ground floor shops, a first-floor restaurant and rooftop signage

·      Absolute prime CBD landholding with almost 20 metres of Lonsdale Street frontage and additional rear access from Sniders Lane

·      Directly adjacent to Melbourne Central Shopping Centre & Station and opposite Emporium Melbourne

·      Existing net income of $1,002,565 per annum* with significant rental growth potential

·      Unparalleled central CBD location in the heart of the Retail Core between Swanston & Elizabeth Streets

·      One of the highest foot traffic pedestrian thoroughfares in Australia

·      Exceptional development potential within a proven location for successful vertical retail and hospitality offerings 

·      Surrounded by Melbourne’s best retail, office, apartment, hotel and student accommodation developments

·      Ideal lease expiry profile providing for vacant possession in 2027

 

*Approx.

 

272-282 Lonsdale Street, Melbourne is For Sale by International Expressions of Interest closing Wednesday 12 October 2022 at 2pm

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents

 

JLL Melbourne

Josh Rutman | 0411 27 37 46

Nick Peden | 0402 011 266

MingXuan Li | 0498 688 998

 

Colliers International

Oliver Hay | 0419 528 540

Daniel Wolman | 0412 957 839

Matt Stagg | 0409 411 300

Leon Ma | 0417 070 725

Investment Highlights

·      Trophy CBD Retail Core Opportunity

·      Invest / Develop / Occupy

·      Directly adjoining Melbourne Central

Last Updated Date: 19 Sep 2022

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Last Updated Date: 19 Sep 2022

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