Colliers & Stonebridge are excited to present For Sale Chemist Warehouse, Ground Floor, 326 William Street, Melbourne, the ultimate Melbourne CBD corner retail investment opportunity with the following key attributes:
- A blue-chip Melbourne CBD retail corner fully leased to Australia's largest retail pharmacy, Chemist Warehouse, with over 480* stores nationally.
- Highly bankable estimated current net income of $192,196.16* per annum secured by a 7 year lease with 3 further options of 5 years each, continuing to 2041.
- Boasting double street retail frontage of over 45 metres* of exposure to William Street and La Trobe Street with additional rear access for loading.
- Situated at one of the gateways to the Melbourne CBD in the Legal Precinct and on the cusp of Melbourne's booming northern precinct, one of the most densely populated pockets in the southern hemisphere.
- High foot traffic location with exceptional public transport connectivity located opposite Flagstaff Train Station, as well as William Street and La Trobe Street tram networks in direct proximity.
- Surrounded by some of Melbourne's largest infrastructure projects including the Queen Victoria Market Redevelopment ($250million+) and positioned directly across Flagstaff Gardens and Haileybury College City campus.
AN OPPORTUNITY TO OWN A BLUE-CHIP CORNER RETAIL ASSET WITHIN ONE OF THE FASTEST GROWING PRECINCTS OF THE MELBOURNE CBD.
For Sale by On-Site Public Auction on Friday 11th November 2022 at 12.30pm (AEST).
To request an inspection or for more information please contact Colliers & Stonebridge, as the exclusive conjunctional selling agents.
Colliers:
Anthony Kirwan | +61 431 952 430
George Davies | +61 421 799 489
Jeff Ha | +61 401 145 166
Stonebridge:
Max Warren | +61 488 296 892
Chao Zhang | +61 411 625 068
