Shop 6R, 200 Spencer Street,
Melbourne, VIC 3000
Shops & Retail
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Colliers - Melbourne
Level 30, 367 Collins StreetMELBOURNE, VIC 3000
03 9629 88...
Shop 6R, 200 Spencer Street
Melbourne, VIC 3000
Map of Shop 6R, 200 Spencer Street
HIGH EXPOSURE MELBOURNE CBD RETAIL INVESTMENT THAT TICKS ALL THE BOXES
- 5 + 5 YEAR LEASE
- NET INCOME OF $54,106* P.A.
- HIGH FOOT TRAFFIC LOCATION
Colliers is pleased to present the opportunity to purchase Shop 6, 200 Spencer Street, Melbourne.
- Prominent CBD retail investment leased by ‘Elite Real Estate’, located between Bourke and Little Bourke Streets
- Situated directly opposite Southern Cross Train Station, the property benefits from high street exposure and strong levels of pedestrian traffic
- Five (5) year lease commencing October 2019 with one (1) further term of (5) years
- Impressive net income of $54,106 p.a (as at October 22) with fixed 4% annual increases, providing strong rental growth
- Benefits from one (1) secure basement car park on title
- Fully fitted retail accommodation with reception, meeting room, open plan office, kitchenette and amenities offering significant deprecaiton benefits
- Directly opposite to Southern Cross Transportation Hub, providing direct access to the CBD grid and wider Melbourne
- Surrounded by landmark commercial and residential developments including West Side Place, Premier Tower and international hotel chain Mandarin Oriental at 600 Collins Street
- Excellent connectivity to major arterials including Kings Way, Princes Highway and the Monash Freeway
For Sale by International Expressions of Interest Closing on Friday 26th August at 12.00pm
To arrange an inspection or for more information, please contact the Colliers Melbourne City Sales team as the exclusive selling agents:
* Approximate
- Prominent CBD retail investment leased by ‘Elite Real Estate’, located between Bourke and Little Bourke Streets
- Situated directly opposite Southern Cross Train Station, the property benefits from high street exposure and strong levels of pedestrian traffic
- Five (5) year lease commencing October 2019 with one (1) further term of (5) years
- Impressive net income of $54,106 p.a (as at October 22) with fixed 4% annual increases, providing strong rental growth
- Benefits from one (1) secure basement car park on title
- Fully fitted retail accommodation with reception, meeting room, open plan office, kitchenette and amenities offering significant deprecaiton benefits
- Directly opposite to Southern Cross Transportation Hub, providing direct access to the CBD grid and wider Melbourne
- Surrounded by landmark commercial and residential developments including West Side Place, Premier Tower and international hotel chain Mandarin Oriental at 600 Collins Street
- Excellent connectivity to major arterials including Kings Way, Princes Highway and the Monash Freeway
For Sale by International Expressions of Interest Closing on Friday 26th August at 12.00pm
To arrange an inspection or for more information, please contact the Colliers Melbourne City Sales team as the exclusive selling agents:
* Approximate
Property ID: 504124659Last Updated: 22 Aug 2023
Colliers - MelbourneLevel 30, 367 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Contact Agency
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