136 Little Collins Street,
Melbourne, VIC 3000
Shops & Retail
Key property information
Floor area
Tenure type
Sold on
Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
136 Little Collins Street
Melbourne, VIC 3000
Map of 136 Little Collins Street
TROPHY CORNER RETAIL INVESTMENT IN MELBOURNE’S PARIS END
****** SOLD ******
Gross Waddell ICR and Colliers are delighted to present for sale a luxury retail investment opportunity strategically positioned within the heart of Melbourne’s famed Paris East End.
136 Little Collins Street comprises the following key attributes:
• Blue-chip ‘Paris’ East End location strategically positioned amongst premium grade office towers, residential buildings, global retailers, hotels, restaurants, bars and cafes.
• Excellent two-level retail showroom positioned on the corner of Little Collins Street & Coromandel Place with superb glass frontage, high ceilings and natural light throughout.
• Fully leased to reputable European luxury fashion retailer, ‘Le Style Boutique’, since 2015, selling designer apparel for men, women and kids plus homewares, watches, sunglasses and other accessories.
• New 4 + 4 + 4 + 4 year lease term commencing Feb-2022 with strong net income and 3.5% fixed annual rental increases.
• Prominent street frontage to engage the high levels of pedestrian foot traffic with flexible Capital City 1 Zoning to accommodate future uses including hospitality, office and medical (STCA).
• Set to benefit from neighbouring development and infrastructure projects that will elevate this precinct to new levels including 130 Little Collins Street (28-level premium grade strata office building) and the 120 Collins Street lobby refurbishment.
For further information or to arrange an inspection of the property please contact Gross Waddell ICR & Colliers as the exclusive conjunctional selling agents.
Gross Waddell ICR
Danny Clark | 0448 066 8...
Michael Gross | 0419 355 5...
Colliers
Matthew Stagg | +61 409 411 300
*Approx.
Gross Waddell ICR and Colliers are delighted to present for sale a luxury retail investment opportunity strategically positioned within the heart of Melbourne’s famed Paris East End.
136 Little Collins Street comprises the following key attributes:
• Blue-chip ‘Paris’ East End location strategically positioned amongst premium grade office towers, residential buildings, global retailers, hotels, restaurants, bars and cafes.
• Excellent two-level retail showroom positioned on the corner of Little Collins Street & Coromandel Place with superb glass frontage, high ceilings and natural light throughout.
• Fully leased to reputable European luxury fashion retailer, ‘Le Style Boutique’, since 2015, selling designer apparel for men, women and kids plus homewares, watches, sunglasses and other accessories.
• New 4 + 4 + 4 + 4 year lease term commencing Feb-2022 with strong net income and 3.5% fixed annual rental increases.
• Prominent street frontage to engage the high levels of pedestrian foot traffic with flexible Capital City 1 Zoning to accommodate future uses including hospitality, office and medical (STCA).
• Set to benefit from neighbouring development and infrastructure projects that will elevate this precinct to new levels including 130 Little Collins Street (28-level premium grade strata office building) and the 120 Collins Street lobby refurbishment.
For further information or to arrange an inspection of the property please contact Gross Waddell ICR & Colliers as the exclusive conjunctional selling agents.
Gross Waddell ICR
Danny Clark | 0448 066 8...
Michael Gross | 0419 355 5...
Colliers
Matthew Stagg | +61 409 411 300
*Approx.
Melbourne, 3000 demographic data
The median household income for Melbourne is $1,448, 24% lower than Greater Melbourne's household income of $1,901. Melbourne has a younger age profile compared to the rest of Greater Melbourne (median age 29 vs 37). Property ownership data shows 47% of property owners in Melbourne have a mortgage.
54,941
Population
$1,448 per week
Median household income
29 years
Median age
Renters
Most residents
Singles
Most households
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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