CBRE Melbourne are delighted to present for sale a central Melbourne CBD retail investment offered with a 4+5 year net lease to 'Lakhey' Nepalese restaurant.
Located in the heart of the Melbourne CBD's financial precinct and set to benefit from the neighbouring landmark 435 Bourke Street development, 392 Little Collins Street can be summarised by the following key attributes:
+ An expansive and fully self-contained 231sqm* basement restaurant with direct access off Little Collins Street and on the corner of Penfold Place with side car park access
+ Offered fully leased to Nepalese restaurant 'Lakhey' on a 4+5 year net lease returning a current total rental of $109,273* per annum with 3% fixed annual increase
+ The property benefits from a recent fit out with full commercial kitchen facilities, rear loading and car park conveniently accessed via side laneway of Penfold Place
+ Located in the heart of the Melbourne CBD's financial precinct between Queen Street and Elizabeth Street surrounded by a high-density catchment area of office workers benefitting lunch time and evening trade
+ Set to directly benefit from the precinct defining $1bn 435 Bourke Street development by CBUS Property connecting directly along Penfold Place with pre-lease commitments from CBA and leading law firms delivering 60,000sqm* of premium office space
Please contact our CBRE team today to arrange an inspection!
For further information please contact the exclusive sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116
Jj.heng@cbre.com.au ()
jheng1206 ()
*Denotes approx.
