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Ground Floor, 118 Franklin Street Melbourne, VIC 3000

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Ground Floor, 118 Franklin Street,
Melbourne, VIC 3000

Shops & Retail

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Map of Ground Floor, 118 Franklin Street

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PRIME RETAIL IN THE CBD’S FASTEST GROWING PRECINCT

  • AFFORDABLE CBD RETAIL INVESTMENT
  • MULTIPLE TITLES PROVIDING FLEXIBILITY
  • QUEEN VICTORIA MARKET GROWTH PRECINCT
Colliers International is pleased to present the opportunity to purchase 118 Franklin Street, Melbourne with the following key attributes:

- A large retail shop spread across two titles with extensive shop frontage
- Conveniently located on Franklin Street between Queen and Elizabeth Streets within close proximity to Emporium, RMIT, and Melbourne Central
- Strategically positioned in one of Melbourne’s most desired high density residential development precincts, on the doorstep of the Queen Victoria Market Renewal Project, expected to be completed in 2019
- Ground floor area of 141m²*
- Net income of $110,713* per annum plus GST and outgoings
- Future upside with the potential to subdivide into multiple tenancies (STCA)
- High foot traffic precinct resulting from a growing student population, extensive high rise development and Queen Victoria Market
- Well serviced by public transport via Melbourne Central Train Station and major tram routes along Elizabeth Street
- An exceptional opportunity for all investors and future owner occupiers to acquire an affordable CBD retail asset in the fastest growing pocket of the CBD

*Approx

For Sale by International Public Auction on Friday 23rd September at 1pm On-Site

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

www.colliers.com.au/23829

Property ID: 502081022Last Updated: 23 Aug 2023

03 9629 88...
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Ground Floor, 118 Franklin Street
Melbourne, VIC 3000
Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000

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