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113 Lonsdale Street Melbourne, VIC 3000

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113 Lonsdale Street,
Melbourne, VIC 3000

Offices • Shops & Retail

Price information

Sold

$10,000,000

Key property information

Floor area

Tenure type

Sold on

Map of 113 Lonsdale Street

Directions

Rare CBD Retail Investment

  • Magnificent 4 level retail building
  • New 5+5+5+5 year lease
  • Fixed annual rental growth of 5% pa*
For Immediate Sale

A remarkable CBD freehold investment located in the vibrant East End of Melbourne.

- Magnificent 4 level retail building
- New 5+5+5+5 year lease from November 2012 to the highly successful “Seamstress Restaurant and Bar” - a tenant since 2007
- Corner location providing excellent natural light from three sides
- Fixed annual rental growth of 5% per annum
- Current Net Income: $121,550pa* + GST & O/G’s (increasing to $127,627pa* in November 2013)
- Extensive Lonsdale Street frontage of 5.82 metres*
- A remarkable location within the 24-hour Chinatown District of Melbourne’s East-End
- A very rare opportunity to secure a CBD freehold building with strong growth potential!

For further information, please contact the selling agents.

Property ID: 500744823Last Updated: 16 Jun 2021

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113 Lonsdale Street
Melbourne, VIC 3000
Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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