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620 Collins Street
Melbourne VIC 3000
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Sold on 29 Nov 2018

620 Collins Street Melbourne VIC 3000

  • Shop & Retail
  • 639 m²
  • Sold

A MELBOURNE CBD SUPERMARKET & RETAIL INVESTMENT WITH UPSIDE

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OVERVIEW

+ Super prime CBD retail corner comprising strong trading supermarket and several complimentary retail shops

+ Boasting a triple street frontage with over 70 metres* of exposure to Collins Street & Spencer Street

+ Highly bankable and total base rent of $892,000 per annum* secured by 8 thriving retail tenancies including IGA Supermarket (Metcash) and Gloria Jean's Coffee

+ Remarkable value-add opportunities via tenant repositioning, activation of additional tenancies & significant rental growth

+ An opportunity to own an entire city corner within the fastest growing precinct of the Melbourne CBD

LOCATION

+ Situated on one of Melbourne's most highly trafficked corners directly opposite Southern Cross Regional Train Station and Shopping Centre 46,000 commuters daily*

+ Surrounded by the city's most significant residential, hotel and education developments with over $3 billion of private investment including the new Mandarin Oriental Hotel within 50 metres*

*Approx.

Property Highlights

Date Sold29 Nov 2018
Floor Area639 m²
Land Area639 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231786
Category
Last updated  30 Nov 2023
Map for 620 Collins Street Melbourne VIC 3000

Property Highlights

Date Sold29 Nov 2018
Floor Area639 m²
Land Area639 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231786
Category
Last updated  30 Nov 2023
Level 34, 8 Exhibition Street Melbourne VIC 3000

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