27 Russell Street,
Melbourne, VIC 3000
Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
27 Russell Street
Melbourne, VIC 3000
Map of 27 Russell Street
Sold & Settled Off-market – Exclusive Paris End Retail Shop
- Paris-end CBD Location
- Leased to Whisky Den
- First time offered in 20 years
CBRE Melbourne are delighted to announce the sale and settlement of 27 Russell Street, Melbourne sold prior to a formal on-market Expressions of Interest campaign.
The ground floor retail shop was leased to Whisky Den and through a targeted off-market process sold prior to an on-market Expressions of Interest campaign with our CBRE team generating three (3) formal offers.
The property was sold to a local investor on a 5.02% net yield reflecting one of the sharpest yields for ground floor retail properties in the Melbourne CBD for 2024.
For any further questions, please contact the below CBRE Melbourne agents:
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
The ground floor retail shop was leased to Whisky Den and through a targeted off-market process sold prior to an on-market Expressions of Interest campaign with our CBRE team generating three (3) formal offers.
The property was sold to a local investor on a 5.02% net yield reflecting one of the sharpest yields for ground floor retail properties in the Melbourne CBD for 2024.
For any further questions, please contact the below CBRE Melbourne agents:
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
Property ID: 504754176Last Updated: 10 Dec 2024
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from CBRE - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Level 3, 488 Bourke Street, Suite 4,Melbourne, VIC 3000 62 m²Offices • Shops & Retail • Other
