260 Victoria Street North Melbourne VIC 3051

Cushman & Wakefield City Fringe Sales are pleased to present for sale 260 Victoria Street, North Melbourne with the following key attributes:

BOOMING CITY FRINGE LOCATION
Situated on the doorstep of the CBD directly opposite the iconic Queen Victoria Market, undergoing a $1.7 billion* upgrade, offering exceptional exposure and foot traffic.

BLUE CHIP TENANT COVENANT
Securely leased to longstanding tenant of 19+ years, Melbourne's 1st Korean BBQ business, 'Toodouri Korean Barbecue', with an excellent 4.3 Star Google Rating (342 reviews).

STRONG RENTAL
Current net income of $144,866.22 + GST + Outgoings p.a. with fixed 5.00% annual compounding rental increases.

SUPERB RETAIL FREEHOLD
Two-level retail freehold of 158sqm* with attractive 6.02m* frontage, rear laneway access, commercial kitchen, ground and level 1 dining.

POSITIONED FOR SUCCESS
Surrounded by high density residential (10,000+ apartments), world class universities, office buildings, the Biomedical Precinct, and student accommodation infrastructure, generating enormous foot traffic.

THE ULTIMATE FLEXIBILITY
Flexible zoning (Capital City Zone 5) allows for various future redevelopment or usage opportunities (STCA).

*Approximate

For Sale by International Expressions of Interest closing Friday 14 March 2025 at 12.00pm (AEDT).

For more information or to schedule a private inspection please contact Cushman & Wakefield City Fringe Sales as the exclusive selling agent.

Oliver Hay
+61 419 528 540

Anthony Kirwan
+61 431 952 430

George Davies
+61 421 799 489

Valerie Tang
+61 421 271 215