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Savills - Melbourne

26-32 King Street Melbourne, VIC 3000

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26-32 King Street,
Melbourne, VIC 3000

Offices • Shops & Retail • Development Sites & Land

Price information

Sold

$11,980,000

Key property information

Land area

Floor area

Property extent

Tenure type

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Savills - Melbourne
Benson Zhou
Julian Heatherich

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
26-32 King Street
Melbourne, VIC 3000

Map of 26-32 King Street

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An Exceptional CBD Freehold Investment

  • Superb CBD Freehold
  • Huge Upside Potential
  • Close to Crown Casino
Savills is delighted to offer for sale this exceptional CBD freehold building located at 26-32 King Street, Melbourne. This outstanding five level retail and office building is fully leased to a range of high quality tenants and is ideally located within the highly popular 24-hour entertainment precinct of Melbourne.

The key attributes of the property include:
- A substantial 5-level retail and office building of 1,200sq m*
- Prime landholding of 304sq m* with significant future development potential
- Leased to a range of quality retail/office tenants including 7-Eleven
- Current Net Rental: $352,399 per annum* + outgoings & GST
- Obvious rental upside, refurbishment and value-add potential
- Situated within Melbourne’s booming western core, currently experiencing a huge influx of development and investment
- Positioned within Melbourne’s vibrant 24-hour entertainment precinct, close to Crown Casino
- A short walk to Southern Cross Train Station

The property presents a fantastic opportunity to capitalise on Melbourne’s rapidly evolving west end, and as such we encourage prospective purchasers to actively consider this excellent opportunity.

26-32 King Street, Melbourne is For Private Sale

Clinton Baxter - 0413 569 888
Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...

*Approx

Property ID: 502922262Last Updated: 15 Jun 2021

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

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