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Stonebridge Property Group - Melbourne

27-31 King Street Melbourne, VIC 3000

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27-31 King Street,
Melbourne, VIC 3000

Hotel, Motel & Leisure • Offices • Shops & Retail

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Sale

Contact the Stonebridge Team

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Stonebridge Property Group - Melbourne
Chao Zhang 张超
Max Warren
Dylan Kilner
Julian White

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
27-31 King Street
Melbourne, VIC 3000

Map of 27-31 King Street

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  • Train stations within 5 km of 27-31 King Street, Melbourne, VIC 3000Distance
    Southern Cross Station390 m
    NSW Train Link460 m
    Flagstaff Station853 m
    7-Flagstaff Railway Station/William St (Melbourne City)871 m
    Flinders Street Railway Station903 m
    POWERED BY HERE ©
  • Tram stops within 5 km of 27-31 King Street, Melbourne, VIC 3000Distance
    1-Spencer St/Flinders St (Melbourne City)153 m
    124-Batman Park/Finders street266 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
    POWERED BY HERE ©
  • Bus stops within 5 km of 27-31 King Street, Melbourne, VIC 3000Distance
    Spencer St/Flinders St (Melbourne City)313 m
    Southern Cross Station/Collins St (Melbourne City)351 m
    1-Flinders St/Queens Bridge St (Melbourne City)366 m
    Market StFlinders St384 m
    Casino EastQueens Bridge St420 m
    POWERED BY HERE ©
POWERED BY HERE ©

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)

27-31 King Street, Melbourne is offered for sale via Expressions of Interest closing Thursday 10th October 2024 at 2pm (AEST). 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: 29 Aug 2024

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