59 Elizabeth Street Melbourne VIC 3000

CBRE Melbourne are pleased to present for sale a prime Elizabeth Street retail investment leased to Melbourne's favourite Chai tea business 'Dropout Chai Wala'

This attractive entry level Elizabeth Street investment can be summarised by the following key features:

+ A prominent and high exposure retail investment located on bustling Elizabeth Street in the Melbourne CBD's retail core with excellent signage rights and in direct proximity to Collins Street

+ Offered to the market fully leased to popular Chai Tea operator 'Dropout Chai Wala' on a renewed 3 + 3 year net lease (Dec-24) and benefitting from 4% fixed annual increases

+ High quality café fit out, prominent signage to Elizabeth Street and rear lane loading with the tenant recently expanding into another CBD location at Southern Cross Train Station

+ Perfectly suited for both first time commercial investors and experienced purchasers in a prime AAA Melbourne CBD location

+ Elizabeth Street experiences some of the highest foot traffic across the entire CBD with the property well positioned to capture passing traffic towards Flinders Street Train Station as well as Flinders Street and Collins Street tram networks

Do not miss your chance to secure an attractive entry level Elizabeth Street retail investment with a popular tenant and renewed lease.

59 Elizabeth Street, Melbourne is offered For Sale via International Expressions of Interest Thursday 6th March 2025 at 2:00pm (AEDT).

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 ()
jheng1206 ()

*Denotes Approx.