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136 Little Collins Street
Melbourne VIC 3000
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Sold on 17 Apr 2023

136 Little Collins Street Melbourne VIC 3000

  • Shop & Retail
  • 185 m²
  • Sold

TROPHY CORNER RETAIL INVESTMENT IN MELBOURNE'S PARIS END

  • 4 + 4 + 4 + 4 YEAR NET LEASE
  • NET INCOME: $186,994.71 PA (AT 14.02.23)
  • EXCELLENT FRONTAGE & NATURAL LIGHT

Colliers & Gross Waddell ICR are delighted to present for sale a luxury retail investment opportunity strategically positioned within the heart of Melbourne's famed Paris East End.

136 Little Collins Street comprises the following key attributes:

- Blue-chip 'Paris' East End location strategically positioned amongst premium grade office towers, residential buildings, global retailers, hotels, restaurants, bars and cafes.

- Excellent two-level retail showroom positioned on the corner of Little Collins Street & Coromandel Place with superb glass frontage, high ceilings and natural light throughout.

- Fully leased to reputable European luxury fashion retailer, 'Le Style Boutique', since 2015, selling designer apparel for men, women and kids plus homewares, watches, sunglasses and other accessories.

- New 4 + 4 + 4 + 4 year lease term commencing Feb-2022 with strong net income of $186,994.71 + GST + Outgoings (as at 14.02.23) and 3.5% fixed annual rental increases.

- Prominent street frontage to engage the high levels of pedestrian foot traffic with flexible Capital City 1 Zoning to accommodate future uses including hospitality, office and medical (STCA).

- Set to benefit from neighbouring development and infrastructure projects that will elevate this precinct to new levels including 130 Little Collins Street (28-level premium grade strata office building) and the 120 Collins Street lobby refurbishment.

For Sale by International Expressions of Interest closing Thursday 8th December 2022 at 12pm (AEST).

For further information or to arrange an inspection of the property please contact Colliers & Gross Waddell ICR as the exclusive conjunctional selling agents.

Colliers
Matthew Stagg | 0409 411 300

Gross Waddell ICR
Danny Clark | 0448 066 889
Michael Gross | 0419 355 561

*Approx

Colliers International Melbourne
Colliers International Melbourne
Level 30/367 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold17 Apr 2023
Floor Area185 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018178660
Category
Last updated  19 Apr 2023
Map for 136 Little Collins Street Melbourne VIC 3000

Nearest transport* to 136 Little Collins Street Melbourne VIC 3000

Bus
Train
Tram
Ferry
Exhibition St/Lonsdale St (Melbourne City)340 m
Swanston St/Lonsdale St (Melbourne City)415 m
Melbourne Central/Lonsdale St (Melbourne City)418 m
Tattersalls Lane/Lonsdale St (Melbourne City)420 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Colliers International Melbourne
Colliers International Melbourne
Level 30/367 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold17 Apr 2023
Floor Area185 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018178660
Category
Last updated  19 Apr 2023

Co-Agents

Danny Clark
Danny Clark
Gross Waddell ICR Pty Ltd
Call
0448 066 889
Michael Gross
Michael Gross
Gross Waddell ICR Pty Ltd
Call
0419 355 561

More about 136 Little Collins Street Melbourne VIC 3000

136 Little Collins Street Melbourne VIC 3000 is categorized as Shop & Retail Property. It has a floor area of 185 m². The listing ID for this property is 2018178660.

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