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235-237 Faraday Street & 16 Faraday Lane Carlton, VIC 3053

235-237 Faraday Street & 16 Faraday Lane,
Carlton, VIC 3053

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FREEHOLD TROPHY INVESTMENT

  • METRES FROM MELBOURNE UNI & LYGON STREET
  • 6 YEAR WALE INCLUDING 10 YEAR LEASES
  • STRONG COVENANTS WITH FIXED INCREASES
Colliers International is proud to present the opportunity to purchase 235-237 Faraday Street and 16 Faraday Lane with the following key attributes;

- An Iconic freehold trophy investment in one of Melbourne’s most tightly held pockets less than 1km from the Melbourne CBD
- Fully refurbished state of the art improvements with major frontage and rear laneway access
- Strong covenants on secure leases including a 10 year lease to one of Melbourne’s Top 10 Burger Eateries, New York Minute and new five year lease to leading vintage clothing retailer, YesterYear
- Diversified investment opportunity consisting retail, office and residential components providing flexibility for future strata sell down
- Total Net Income of $260,422* p.a. + GST and outgoings
- Highly exposed building with extensive foot traffic travelling to and from The University of Melbourne
- Strategically located in close proximity to The University of Melbourne, Lygon Street’s bustling hospitality and retail precinct, The Royal Melbourne Hospital, Royal Children’s Hospital, parks and recreational facilities
- Surrounded by some of Melbourne’s finest eateries and an abundance of national and international retailers
- Well serviced by Swanston & Lygon Streets trams and buses with direct access to and from the Melbourne CBD
- Significant depreciation benefits
- A prime AAA investment not to be missed

*approx.

For Sale by Public Auction on Thursday 18 August 2016 at 1.00pm on-site.

To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team as the exclusive selling agents.

URL www.colliers.com.au/25083

Property ID: 502013842Last Updated: 23 Aug 2023

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235-237 Faraday Street & 16 Faraday Lane
Carlton, VIC 3053
Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000

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