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CBRE - Melbourne

392 Little Collins Street Melbourne, VIC 3000

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392 Little Collins Street,
Melbourne, VIC 3000

Shops & Retail • Offices • Showrooms & Large Format Retail

Price information

Sale - Expression of Interest closing Thu 5 Sep

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Expression of Interest

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CBRE - Melbourne
Jing Jun Heng
Alex Brierley
Nathan Mufale

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
392 Little Collins Street
Melbourne, VIC 3000

Map of 392 Little Collins Street

Directions
  • Train stations within 5 km of 392 Little Collins Street, Melbourne, VIC 3000Distance
    Flinders Street Railway Station556 m
    Melbourne Central Station616 m
    Flagstaff Station629 m
    7-Flagstaff Railway Station/William St (Melbourne City)666 m
    Southern Cross Station826 m
    POWERED BY HERE ©
  • Tram stops within 5 km of 392 Little Collins Street, Melbourne, VIC 3000Distance
    4-Queen St/Bourke St (Melbourne City)133 m
    2-Collins St/Elizabeth St (Melbourne City)188 m
    5-Elizabeth St/Collins St (Melbourne City)195 m
    3-William St/Collins St (Melbourne City)218 m
    Elizabeth Stbourke St245 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 392 Little Collins Street, Melbourne, VIC 3000Distance
    Little Collins Street79 m
    Collins St/Queen St (Melbourne City)93 m
    Rio Tinto95 m
    Bourke St/Queen St (Melbourne City)100 m
    Flinders LaneQueen St225 m
    POWERED BY HERE ©
POWERED BY HERE ©

CENTRAL MELBOURNE CBD RETAIL INVESTMENT WITH 4+5+5 YEAR NET LEASE

  • 4 + 5 + 5 year net lease
  • Fully self-contained restaurant
  • Commercial kitchen & car park
CBRE Melbourne are delighted to present for sale a central Melbourne CBD retail investment offered with a 10-year net lease to ‘Lakhey’ Nepalese restaurant.

Located in the heart of the Melbourne CBD’s financial precinct and set to benefit from the neighbouring landmark 435 Bourke Street development, 392 Little Collins Street can be summarised by the following key attributes:

+ An expansive and fully self-contained 231sqm* basement restaurant with direct access off Little Collins Street and on the corner of Penfold Place with side car park access

+ Offered fully leased to Nepalese restaurant ‘Lakhey’ on a 4 + 5-year net lease returning a current total rental of $109,273* per annum with 3% fixed annual increase

+ The property benefits from a recent fit out with full commercial kitchen facilities, rear loading and car park conveniently accessed via side laneway of Penfold Place

+ Located in the heart of the Melbourne CBD’s financial precinct between Queen Street and Elizabeth Street surrounded by a high-density catchment area of office workers benefitting lunch time and evening trade

+ Set to directly benefit from the precinct defining $1bn 435 Bourke Street development by CBUS Property connecting directly along Penfold Place with pre-lease commitments from CBA and leading law firms delivering 60,000sqm* of premium office space

Please contact our CBRE team today to arrange an inspection!

392 Little Collins Street, Melbourne is offered For Sale Via Expressions of Interest closing Thursday 5th September 2024 at 2:00pm (AEST)

For further information please contact the exclusive 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...
Jj.heng@cbre.com.au (电子邮件)
jheng1206 (微信)

*Denotes approx.

Property ID: 504654704Last Updated: 6 Aug 2024

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