27-31 King Street,
Melbourne, VIC 3000

Hotel, Motel & Leisure • Offices • Shops & Retail

Price information

Sale

Contact the Stonebridge Team

Key property information

Land area

Floor area

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Map of 27-31 King Street

Directions

Train stations within 5 km of 27-31 King Street, Melbourne, VIC 3000	Distance
Southern Cross Station	390 m
NSW Train Link	460 m
Flagstaff Station	853 m
Flinders Street Railway Station	903 m
Melbourne Central Station	1.2 km

Tram stops within 5 km of 27-31 King Street, Melbourne, VIC 3000	Distance
1-Spencer St/Flinders St (Melbourne City)	153 m
124-Batman Park/Finders street	266 m
3-William St/Flinders Lane (Melbourne City)	274 m
122-Southern Cross Railway Station/Spencer St (Melbourne City)	293 m
4-Collins St/William St (Melbourne City)	314 m

Bus stops within 5 km of 27-31 King Street, Melbourne, VIC 3000	Distance
Spencer St/Flinders St (Melbourne City)	313 m
1-Flinders St/Queens Bridge St (Melbourne City)	366 m
Market StFlinders St	414 m
Banana Alley Vaults/Flinders St (Melbourne City)	440 m
Casino EastQueens Bridge St	460 m

Fully Leased Melbourne CBD Freehold with National Anchor Tenant

Fully Leased CBD Freehold
Anchor - Australian Venue Co.
Renewed 10 Year Lease

Stonebridge Property Group is pleased to present for sale 27-31 King Street, Melbourne, a fully leased Melbourne CBD freehold.

The 1,946 sqm* NLA building is anchored by a renewed 10-year lease to Australian Venue Co. trading as State of Grace.

The property resides in one of Australia’s most recognised hospitality precincts and nearby Charter Hall’s recently completed 555 Collins Street, Crown Casino, Southern Cross Station and Marvel Stadium.

Key highlights of the opportunity include:

- Fully leased building with $1,017,920* + GST net income (p.a.) + annual increases

- Renewed 10-year lease to anchor tenant, Australian Venue Co. trading as State of Grace

- Australian Venue Co. has a national network of 200+ venues & generates $1Bn+ turnover^

- 1,946 sqm* NLA freehold, plus a prominent 15.5 m* of prime retail frontage to King Street and rear frontage to Hay Place.

- Nearby Charter Hall’s 555 Collins St, Crown Casino, Southern Cross & Marvel Stadium

- Centrally located in one of Australia’s most recognised hospitality precincts

- Ideally suited for investors, landbankers or for future development (STPA)

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Julian White
0422 764 1...

Max Warren
0488 296 8...

Dylan Kilner
0459 396 3...

Chao Zhang 张超
0411 625 0...

Property Code: 1048

Property ID: 504675640Last Updated: 10 Oct 2024