Share this property

realcommercial.com.au
JLL - Melbourne

157-159 Swanston Street Melbourne, VIC 3000

Directions

157-159 Swanston Street,
Melbourne, VIC 3000

Shops & Retail • Development Sites & Land • Offices

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

JLL - Melbourne
Josh Rutman
MingXuan Li 李名轩

JLL - Melbourne

Level 33, 101 Collins Street
MELBOURNE, VIC 3000
JLL - Melbourne
157-159 Swanston Street
Melbourne, VIC 3000

Map of 157-159 Swanston Street

Directions

PROUDLY SOLD BY JLL MELBOURNE CBD SALES

  • Elite Melbourne CBD retail location
  • 10.5m Swanston Street frontage
  • First time offered in 35 years
JLL Melbourne CBD Sales has the exclusive privilege of offering for sale a core Melbourne CBD freehold investment in the City’s 24-hour Precinct - 157-159 Swanston Street, Melbourne.

Key details of this exceptional opportunity include:

+ A 3-level double fronted Swanston Street freehold investment with flawless occupancy history
+ Fully leased to established tenants including national retailer EzyMart
+ Current Net Passing Income: $543,004 per annum*
+ Two high exposure ground level shops with fully refurbished upper floors used as a restaurant
+ An extensive 10.5 metre* frontage to Swanston Street with additional rear frontage to Masons Lane
+ Absolute prime location within the most highly trafficked street in the epicentre of the Melbourne CBD Retail Core – a true 24/7 pedestrian precinct
+ Metres from Bourke Street Mall and in immediate proximity to Myer, David Jones, Emporium Melbourne, Chinatown and Melbourne Town Hall.
+ Unrivalled exposure to an average of 28,000^ pedestrians daily and over 10,200,000^ annually
+ Surrounded by unmatched public transport connectivity with trams at the doorstep and set to benefit from the completion of two brand new Metro Rail stations
+ An extremely tightly held location in Melbourne, with only two (2) freehold Swanston Street properties changing hands since 2018
+ A generational opportunity within a location set to thrive through all market cycles

*Approx.

Josh Rutman | 0411 27 37 ...
MingXuan Li 李名轩 | 0498 688 9...

^City of Melbourne

Property ID: 504456800Last Updated: 22 Oct 2024

JLL - Melbourne
Level 33, 101 Collins Street
MELBOURNE, VIC 3000

Make an enquiry

What's your enquiry about?

Enter your details

More properties from JLL - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.