Ground Floor, 97-103 Elizabeth Street,
Melbourne, VIC 3000
Shops & Retail
Price information
Sale - Expression of Interest closing Wed 17 Jul
Contact Melbco Strata Markets
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Expression of Interest
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Cushman & Wakefield - Melbourne
Level 9, 385 Bourke StreetMELBOURNE, VIC 3000
Ground Floor, 97-103 Elizabeth Street
Melbourne, VIC 3000
Map of Ground Floor, 97-103 Elizabeth Street
Train stations within 5 km of Ground Floor, 97-103 Elizabeth Street, Melbourne, VIC 3000 Distance Flinders Street Railway Station 393 m Melbourne Central Station 642 m Flagstaff Station 789 m 7-Flagstaff Railway Station/William St (Melbourne City) 827 m Parliament Station 927 m POWERED BY HERE ©Tram stops within 5 km of Ground Floor, 97-103 Elizabeth Street, Melbourne, VIC 3000 Distance 2-Collins St/Elizabeth St (Melbourne City) 27 m 5-Elizabeth St/Collins St (Melbourne City) 46 m 4-Elizabeth St/Flinders St (Melbourne City) 165 m Elizabeth Stbourke St 220 m 6-Melbourne Town Hall/Collins St (Melbourne City) 234 m POWERED BY HERE ©Bus stops within 5 km of Ground Floor, 97-103 Elizabeth Street, Melbourne, VIC 3000 Distance Collins St/Queen St (Melbourne City) 194 m Rio Tinto 197 m Little Collins Street 237 m Flinders LaneQueen St 265 m Bourke St/Queen St (Melbourne City) 268 m POWERED BY HERE ©
POWERED BY HERE ©
The Marvellous Melbourne CBD Retail Portfolio – Four Prime Retail Assets For Sale Individually, In One Line Or Any Combination
- Deceased Estate
- Prime Retail Core CBD Location
- 10.25m* Passing Pedestrians Each Year
Cushman & Wakefield are delighted to present for sale, Ground Floor & Basement, 97-103 Elizabeth Street, Melbourne for sale - unquestionably, one the finest sub $20million retail investment opportunities the Melbourne CBD market has seen in several years.
- Four (4) prime strata retail investment assets comprising the entire ground floor of 97-103 Elizabeth Street, Melbourne, plus a basement title, offered for sale individually, in one line or any combination.
- Premium Retail Core investment opportunity in the heart of the Melbourne CBD, positioned on one of Melbourne’s highest pedestrian foot traffic thoroughfares with 17.5m*frontage, between Collins Street and Bourke Street Mall.
- Two Elizabeth Street assets anchored by blue-chip national fast-food/QSR tenants, ‘Betty’s Burgers’ and ‘Zambrero’ in addition to two high-performing independent retail tenants on Melbourne’s hottest café location, Equitable Place, ‘Decennium Australia’ and ‘Madamimadam’.
- Immediate potential to increase rental income by repositioning and reletting the unencumbered lower ground title of 227sqm*.
- Substantial combined passing net income of $797,043.29 + GST + Outgoings p.a. with a diversified tenancy profile, compounding annual rental increases (3.00%-4.00%) and WALE by income of 3.51* years.
- Situated on the ‘ant track’ to Flinders Street Train Station (400m*), with 10.25* million passing pedestrians every year, (City of Melbourne).
- Offered for sale as part of a deceased estate, a rare opportunity for savvy local and offshore investors with $1.5million to $15million* budget.
For Sale by International Expressions of Interest closing Wednesday 17 July 2024 at 12.00pm.
Anthony Kirwan | +61 431 952 4...
George Davies | +61 421 799 4...
Leon Ma 马海翔 | +61 417 070 7...
Jeff Ha 石军豪 | +61 401 145 1...
- Four (4) prime strata retail investment assets comprising the entire ground floor of 97-103 Elizabeth Street, Melbourne, plus a basement title, offered for sale individually, in one line or any combination.
- Premium Retail Core investment opportunity in the heart of the Melbourne CBD, positioned on one of Melbourne’s highest pedestrian foot traffic thoroughfares with 17.5m*frontage, between Collins Street and Bourke Street Mall.
- Two Elizabeth Street assets anchored by blue-chip national fast-food/QSR tenants, ‘Betty’s Burgers’ and ‘Zambrero’ in addition to two high-performing independent retail tenants on Melbourne’s hottest café location, Equitable Place, ‘Decennium Australia’ and ‘Madamimadam’.
- Immediate potential to increase rental income by repositioning and reletting the unencumbered lower ground title of 227sqm*.
- Substantial combined passing net income of $797,043.29 + GST + Outgoings p.a. with a diversified tenancy profile, compounding annual rental increases (3.00%-4.00%) and WALE by income of 3.51* years.
- Situated on the ‘ant track’ to Flinders Street Train Station (400m*), with 10.25* million passing pedestrians every year, (City of Melbourne).
- Offered for sale as part of a deceased estate, a rare opportunity for savvy local and offshore investors with $1.5million to $15million* budget.
For Sale by International Expressions of Interest closing Wednesday 17 July 2024 at 12.00pm.
Anthony Kirwan | +61 431 952 4...
George Davies | +61 421 799 4...
Leon Ma 马海翔 | +61 417 070 7...
Jeff Ha 石军豪 | +61 401 145 1...
Property ID: 504609516Last Updated: 6 Jun 2024
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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