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273 Little Lonsdale Street
Melbourne VIC 3000
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Sold on 3 Apr 2019

273 Little Lonsdale Street Melbourne VIC 3000

  • Shop & Retail
  • 58 m²
  • Sold

Central CBD Retail Investment

  • Prominent retail corner
  • Exceptional rental upside
  • 24-hour retail hub

Savills is delighted to offer for sale this premium retail investment opportunity at 273 Little Lonsdale Street, Melbourne. This corner retail property is ideally located within the centre of the Melbourne CBD 24-hour retail precinct, and provides significant rental upside value.

The key attributes of the investment opportunity include:

- Spacious corner retail property with a wide street frontage
- 5 year lease from 10/10/15 with one 5 year option
- Current net rental of $86,254 per annum* offering significant rental upside
- Fixed annual 4% rental increases
- A remarkable 24 hour retail precinct alongside Melbourne Central, Emporium and QV Melbourne
- Unrivalled opportunity in Melbourne's most active and sought after retail location

The opportunity to secure a premium investment property in such a central CBD location is extremely rare, especially when you consider the strong rental demand and capital growth within the CBD precinct. Accordingly, the property will be actively sought after by investors.

*Approx.

Savills Agents:

Julian Heatherich: 0412 995 655
jheatherich@savills.com.au

Benson Zhou: 0458 488 888
bzhou@savills.com.au

Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Date Sold3 Apr 2019
Floor Area58 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2015015410
Category
 Shop & Retail
Last updated  1 Oct 2021
Map for 273 Little Lonsdale Street Melbourne VIC 3000

Nearest transport* to 273 Little Lonsdale Street Melbourne VIC 3000

Bus
Train
Tram
Ferry
Melbourne Central/Lonsdale St (Melbourne City)101 m
Melbourne Central/Lonsdale St (Melbourne City)137 m
Tattersalls Lane/Lonsdale St (Melbourne City)137 m
Swanston St/Lonsdale St (Melbourne City)142 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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Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Date Sold3 Apr 2019
Floor Area58 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2015015410
Category
 Shop & Retail
Last updated  1 Oct 2021

Co-Agents

Julian Heatherich
Julian Heatherich
Savills Melbourne
Call
0412 995 655
Benson Zhou
Benson Zhou
Savills Melbourne
Call
0458 488 888

Enquire about this property

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            More about 273 Little Lonsdale Street Melbourne VIC 3000

            273 Little Lonsdale Street Melbourne VIC 3000 is categorized as Shop & Retail Property. It has a floor area of 58 m². The listing ID for this property is 2015015410.

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