1/ 591 - 593, Elizabeth Street Melbourne VIC 3000

Stonebridge Property Group is pleased to present for sale 1/591-593 Elizabeth Street, Melbourne

The key highlights of the opportunity include:

- Strategically located CBD investment with proven tenant and low vendor paid outgoings.

- Prime Elizabeth Street position at the gateway to the Melbourne CBD a thriving business district benefiting from 22 million annual visitors*

- Favorable 5-year lease to the highly rated mobile repair tenant 'Gadget Repair Point'

- Providing net annual net income of $31,827* + GST with fixed 3% increases.

- World-Class Location being a short walk from Melbourne Central, renowned universities, and Queen Victoria Market.

- The Elizabeth Street retail precinct is home to a number of major retailers and local favorites, notably Chemist Warehouse, Woolworths, Aldi & KT Mart.

- Direct proximity to public transport (Tram, Train & Bus) and a high density surrounding demographic drive retail trade within the tightly held precinct.

1/591-593 Elizabeth Street, Melbourne is offered for sale via Public On-Site Auction Tuesday 5th December 2024 at 2:30pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Dylan Kilner
+61 459 396 341

Ian Lam
0416 621 859

*Approximately

Property Code: 1125