388 Lonsdale Street,
Melbourne, VIC 3000

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.