Cushman & Wakefield Melbco City Sales are delighted to present for sale 410 Lonsdale Street, Melbourne, a substantial retail and office freehold building in the heart of Melbourne CBD's Legal Precinct, with the following key attributes:
Classically designed 6-level freeholding building of 978sqm* Gross Floor Area (GFA).
Exclusive Melbourne CBD landholding of 208sqm* located in the heart of the highly sought after Legal Precinct.
Partially leased building providing a current estimated net income of $190,979 + GST + Outgoings p.a., providing flexibility to owner occupy, achieve strong rental upside and fully lease or strata sell-down.
Prominent 9 metre* frontage to Lonsdale Street with rear access via Finlay Alley, the building provides versatile accommodation and has recently undergone a substantial refurbishment.
Favourable Capital City 1 Zoning permits a variety of uses including office, retail and hospitality (STCA).
Exceptional surrounding retail amenity, one block from the Hardware Lane Hospitality Precinct and coveted Retail Core.
A short walk to Melbourne Central and Flagstaff Train Stations, providing outstanding transport, accessibility and convenience.
An extremely rare opportunity to own a trophy freehold within a thriving Melbourne market.
*Approx
For Sale by International Expressions of Interest closing Thursday 12 September 2024 at 12pm (AEST).
For more information, please contact Cushman & Wakefield Melbco City Sales as the exclusive selling agents:
Melbco City Sales
Daniel Wolman +61 412 957 839
Anthony Kirwan +61 431 952 430
George Davies +61 421 799 489
Asia Capital Services
Leon Ma +61 417 070 725