JLL Melbourne CBD Sales has the privilege of offering for sale this fully refurbished and magnificently presented Collins Street freehold building at 411 Collins Street, Melbourne.
Key details of the opportunity include:
+ An immaculately presented and fully refurbished 9-level office and retail building with basement car parking
+ Leased to six (6) high quality and established tenant covenants including Alibaba (NYSE:BABA, HKEX:9988)
+ Impeccable upgrades are sympathetic to the building's historical roots, epitomised by a striking ground level entry foyer adorned with the highest quality finishes
+ Over $6 million* spent on building upgrades in the past 3 years
+ Total NLA of 3,015sqm* with light-filled floor plates of ideal proportions (ave. size 374sqm*) to take advantage of the most active tenancy requirements
+ Fully leased net income $1,860,000 p.a.* with opportunity for part owner occupation and building naming rights
+ Rear vehicular laneway access for cars and bicycles, and walking distance to all forms of public transportation
+ Located in the heart of Collins Street's Financial District, bookended by major development projects by GPT and CBUS
+ Collins Street stands alone as Melbourne's preeminent business address and endures as a future proofed investment destination through all market cycles
+ Only 3 Collins Street freehold buildings (sub $50m) have changed hands in the past 5 years highlighting the rarity of this offering
+ 4.5 Star NABERS Energy Rating
To obtain further information or to arrange an inspection, please contact the exclusive selling agent at JLL.
Josh Rutman 0411 27 37 46
Nick Peden 0402 011 266
MingXuan Li 0498 688 998
*Approx.
Immaculately refurbished building
Majority leased to multiple tenants
Melbourne's most prestigious street
