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388 Lonsdale Street Melbourne, VIC 3000

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388 Lonsdale Street,
Melbourne, VIC 3000

Offices • Hotel, Motel & Leisure

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Map of 388 Lonsdale Street

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Exceptional CBD Opportunity

  • Freestanding building
  • Potential plus
  • Central CBD location
For Immediate Sale

A very rare opportunity to secure a prime CBD commercial freehold with strong passing income, plus the potential to owner-occupy, redevelop or convert for alternate use in the short-medium term.

- An impressive 14 level office and retail building in excellent condition throughout
- An outstanding location within the central CBD, just one block from Melbourne Central and the retail core, one block from the major law courts, and surrounded by some of Melbourne's best laneways, restaurants and cafes
- Building area of 6,902sq m*
- Prime corner land holding of 689sq m*
- To be sold with a maximum two year lease to the office tenant (Melbourne Institute of Technology)
- Numerous future repositioning/value-add opportunities including office, hotel, education, strata on-sale, owner-occupation, conversion to alternate uses
- Net income of $1,900,000 per annum*

For further information, please contact the selling agents.

Property ID: 500809203Last Updated: 30 Sep 2021

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

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