Colliers Melbourne City Sales are delighted to present The Russell Corner, 157-173 Lonsdale Street and 234 Russel Street, a dynamic investment and development opportunity located on one of the Melbourne CBD's most exclusive corners
Situated in the CBD's East End, 157-173 Lonsdale Street is strategically positioned within the north-east catchment of the Melbourne CBD grid. The location of this thoroughfare is unparalleled, in direct proximity to Melbourne Central, QV Melbourne, Chinatown, RMIT University, Parliament Train Station and Melbourne's best theatres and restaurants. These amenities have earmarked the area as a desired destination by major institutional groups, with the footprint of diverse developments projects in this precinct growing larger.
Key highlights include:
- Melbourne's most high profile CBD Corner
- Tripled fronted site location within the Chinatown retail precinct
- Huge 1,137sqm of capital city zoned land
- Combined frontage of 107.4m*
- Six (6) titles offering maximum versatility and significant scale
- Diversified income stream from 7 tenancies
- Huge development potential with Melbourne's most significant institutional developments on the doorstep; including Charter Halls, Wesley Place
- Suited to investors, developers, value add and repositioning investors and owner occupiers.
- One of the last remaining CBD corners of significant scale
FOR SALE VIA EXPRESSISONS OF INTEREST CLOSING THURSDAY 20TH OCTOBER AT 12PM
For more information or if you wish to arrange an inspection, please contact the exclusive selling agents at Colliers.
Oliver Hay | +61 419 528 540
Leon Ma | +61 417 070 725
Daniel Wolman | +61 412 957 839
Matt Stagg | +61 409 411 300
*approximately