SECURELY LEASED PARIS-END RETAIL INVESTMENT- LONG STANDING TENANT
Retail, 168-186 Little Collins Street, Melbourne VIC 3000
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RetailSize: n/a
Gross Waddell ICR, with Charter Keck Cramer acting as Transaction Advisor, are thrilled to be selling a thriving retail investment in the heart of the prestigious Paris East End. Strategically positioned along Little Collins Street, the property is surrounded by a range of premium grade office towers, residential buildings, global retailers, hotels, restaurants, bars and cafes.
PRIME RETAIL INVESTMENT- Securely leased to Jay Dillion, a highly reputable tenant who has occupied the property since 2011
SIGNIFICANT INCOME PROFILE - Returning $105,157* net per annum as at 1st March 2024
SCARCITY FACTOR- Residing within one of Melbourne's most tightly held precincts with prime exposure to a thriving pedestrian thoroughfare
COSMOPOLITAN HOT SPOT- Little Collins Street is home to the most electric and in demand cafes, restaurants, bars and fashion boutiques
EPITOME OF LUXURY & ELEGANCE- Merely meters to Melbourne's home of luxury retailers including Louis Vuitton, Gucci, Dior, Bottega Veneta plus many more
ULTIMATE ACCESSIBILITY- Well-serviced by public transport including Collins Street, Spring Street, Swanston Street and Bourke Street tram networks, Flinders Street and Parliament Train Stations and nearby the future Town Hall Metro Train Station
For further information or to inspect the properties, please contact Gross Waddell ICR directly.
*approx.
PRIME RETAIL INVESTMENT- Securely leased to Jay Dillion, a highly reputable tenant who has occupied the property since 2011
SIGNIFICANT INCOME PROFILE - Returning $105,157* net per annum as at 1st March 2024
SCARCITY FACTOR- Residing within one of Melbourne's most tightly held precincts with prime exposure to a thriving pedestrian thoroughfare
COSMOPOLITAN HOT SPOT- Little Collins Street is home to the most electric and in demand cafes, restaurants, bars and fashion boutiques
EPITOME OF LUXURY & ELEGANCE- Merely meters to Melbourne's home of luxury retailers including Louis Vuitton, Gucci, Dior, Bottega Veneta plus many more
ULTIMATE ACCESSIBILITY- Well-serviced by public transport including Collins Street, Spring Street, Swanston Street and Bourke Street tram networks, Flinders Street and Parliament Train Stations and nearby the future Town Hall Metro Train Station
For further information or to inspect the properties, please contact Gross Waddell ICR directly.
*approx.
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Key details
Property type:
Retail
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SummaryMedian sales
Average Age
29 years
Population
54,941
Listing ID: 182018140. This listing has been viewed 8 times. It was first displayed on 19/10/2023 and last updated on 14/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.