Share this property

realcommercial.com.au
Tiga Commercial - Melbourne

Level 1, 118 Franklin Street Melbourne, VIC 3000

Directions

Level 1, 118 Franklin Street,
Melbourne, VIC 3000

Medical & Consulting • Shops & Retail • Offices

Price information

Sold

Contact Agent

Key property information

Floor area

Parking info

Municipality

Tenure type

Sold on

Tiga Commercial - Melbourne
Martin Leong 梁文伟
David Sia 谢忠佑
Griffin Barrett

Tiga Commercial - Melbourne

Level 11, 410 Collins Street
MELBOURNE, VIC 3000
Tiga Commercial - Melbourne
Level 1, 118 Franklin Street
Melbourne, VIC 3000

Map of Level 1, 118 Franklin Street

Directions

Newly Leased CBD Retail Investment in High Growth Precinct

  • ENTRY LEVEL CBD RETAIL INVESTMENT
  • NEW 5 + 5 YEAR LEASE
  • ESTABLISHED QUEEN VIC MARKET PRECINCT
Tiga Commercial exclusively presents the opportunity to purchase Level 1, 118 Franklin Street, Melbourne with the following key investment highlights:

⟶ A strata retail investment with convenient direct access via ground floor enjoying major signage exposure to growing foot traffic
⟶ Leased to ‘ProSkin Lab Aesthetic Medicine’, a Beauty Salon & Spa operator returning approx. $51,637.44 p.a.
⟶ Newly signed lease commenced 20 April 2022 with a 5-year lease term with one (1) further term of five (5) years
⟶ Total lettable area of approx. 108sqm
⟶ Strategically positioned in Melbourne’s highly desirable residential development precincts, neighbouring landmark Build-To-Rent apartment projects, as well as the QVM precinct Renewal Project, bolstering future pedestrian foot traffic
⟶ Walking distance to Queen Victoria Market, RMIT, and Elizabeth Street eateries
⟶ Public transport options include Elizabeth Street tram routes, Queen Street bus routes and a 5-minute walk to Melbourne Central Station
⟶ Opportunity to purchase car parking spaces separately


FOR SALE VIA EXPRESSIONS OF INTEREST

For more information, please contact Tiga Commercial as the exclusive selling agents:

Griffin Barrett
+61 434 620 3...

Martin Leong 梁文伟
+61 425 699 7...

David Sia 谢忠佑
+61 430 111 2...


*Approximate

Additional information

Property ID: 504156475Last Updated: 9 Dec 2022

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Tiga Commercial - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.