248 Swanston Street,
Melbourne, VIC 3000
Shops & Retail • Offices • Other
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Sale - Expression of Interest closing Thu 14 Nov
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
248 Swanston Street
Melbourne, VIC 3000
Map of 248 Swanston Street
Train stations within 5 km of 248 Swanston Street, Melbourne, VIC 3000 Distance Melbourne Central Station 308 m Flinders Street Railway Station 708 m Parliament Station 727 m Flagstaff Station 803 m NSW Train Link 1.3 km POWERED BY HERE ©Tram stops within 5 km of 248 Swanston Street, Melbourne, VIC 3000 Distance 10-Bourke Street Mall/Swanston St (Melbourne City) 125 m 6-Swanston St/Bourke St (Melbourne City) 170 m Elizabeth Stbourke St 277 m 8-Melbourne Central Station/Swanston St (Melbourne City) 289 m Melbourne Central Station 289 m POWERED BY HERE ©Bus stops within 5 km of 248 Swanston Street, Melbourne, VIC 3000 Distance Swanston St/Lonsdale St (Melbourne City) 89 m Elizabeth Stlonsdale St 304 m Little Lonsdale St/Russell St (Melbourne City) 311 m Exhibition St/Lonsdale St (Melbourne City) 352 m Hardware LaneLonsdale St 410 m POWERED BY HERE ©
POWERED BY HERE ©
Super Prime Swanston Street retail investment leased to international tenant
- AAA+ Swanston Street location
- Occupied by global tenant Cha Panda
- Recent 6+5 year NET lease
CBRE Melbourne are delighted to present for sale a super prime Swanston Street retail investment, occupied by one of China’s leading producers of milk tea products ‘Cha Panda’.
248 Swanston Street, Melbourne presents an extremely rare Swanston Street investment underpinned by a recent 6-year net lease with 5-year option to one of China’s leading milk tea brands with over 7,900 locations across the Asia Pacific Region.
248 Swanston Street, Melbourne can be summarised by the following points:
+ A super prime Swanston Street retail investment superbly located between Little Bourke and Lonsdale Street in the heart of the Melbourne CBD’s retail core underpinned by a 24/7 retail location.
+ Offered with a recent 6-year net lease (Jan-24) and subsequent 5-year option period to 2035 returning a net income of $333,409* per annum with 4% fixed annual increases
+ Offering a high quality and recent fit out, facilitating a high volume trade of milk tea products in Cha Panda’s flagship and sole Australian location
+ Cha Panda is a revered milk tea beverage chain, which has garnered a strong following across Asia and resulted in a rapid expansion to over 7,900 locations in China alone
+ High foot traffic location with 20,000+ passing patrons per day, and a thriving lunch and night time trade benefitting from neighbouring major shopping centres in Melbourne Central and QV Melbourne.
+ A captive customer base of students, residents, commercial workers and tourists alike in an unrepeatable Melbourne CBD location
248 Swanston Street, Melbourne is For Sale via International Expressions of Interest closing Thursday 14th November 2024 at 2:00pm (AEDT).
For further information, or to arrange an inspection please contact the below sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
248 Swanston Street, Melbourne presents an extremely rare Swanston Street investment underpinned by a recent 6-year net lease with 5-year option to one of China’s leading milk tea brands with over 7,900 locations across the Asia Pacific Region.
248 Swanston Street, Melbourne can be summarised by the following points:
+ A super prime Swanston Street retail investment superbly located between Little Bourke and Lonsdale Street in the heart of the Melbourne CBD’s retail core underpinned by a 24/7 retail location.
+ Offered with a recent 6-year net lease (Jan-24) and subsequent 5-year option period to 2035 returning a net income of $333,409* per annum with 4% fixed annual increases
+ Offering a high quality and recent fit out, facilitating a high volume trade of milk tea products in Cha Panda’s flagship and sole Australian location
+ Cha Panda is a revered milk tea beverage chain, which has garnered a strong following across Asia and resulted in a rapid expansion to over 7,900 locations in China alone
+ High foot traffic location with 20,000+ passing patrons per day, and a thriving lunch and night time trade benefitting from neighbouring major shopping centres in Melbourne Central and QV Melbourne.
+ A captive customer base of students, residents, commercial workers and tourists alike in an unrepeatable Melbourne CBD location
248 Swanston Street, Melbourne is For Sale via International Expressions of Interest closing Thursday 14th November 2024 at 2:00pm (AEDT).
For further information, or to arrange an inspection please contact the below sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
Property ID: 504710528Last Updated: 13 Oct 2024
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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