Fitzroys are delighted to offer for sale by Expression of Interest Closing on Tuesday 12th September 2023 at 3pm this ground floor corner investment leased to established licensed restaurant operator – Red Cliff.

This ground floor investment is the only retail component of the 15-level office building and enjoys a prominent corner position near the intersection of Queen and Lonsdale Street within Melbourne’s CBD.

The key attributes of this investment include:

- Open plan ground floor restaurant of 330sqm approx.
- High exposure position formed from Queen Street and Finlay Alley.
- Lease: 7 + 7 from August 2020 returning $197,684 pa gross plus GST.
- Red Cliff Authentic Chinese Restaurant is highly rated on a variety of social media eatery platforms and provides sit down lunch, dinner and also services the CBD with take-away and home delivery.
- Moments from a host of CBD attractions including Bourke Street Mall, Emporium Shopping Mall, Melbourne Central and Hardware Lane Restaurant Precinct.
- Extremely well serviced by a strong customer base from nearby offices, residential apartments and a variety of education users including Victoria University City Campus.
- Surrounded by a variety of buildings earmarked for future development including the permit approved 68 level tower at 280 Queen Street.
-Excellent transport services available with a bus service immediately outside and Flagstaff Station only 200 metres away.

Ground Floor, 256 Queen Street, Melbourne presents an outstanding opportunity to acquire a substantial ground floor investment leased to an established restaurant operator located in a rapidly developing precinct of Melbourne’s CBD.

For further information or for an inspection of the property, please contact the exclusive selling agents.