Level 1, 118 Franklin Street,
Melbourne, VIC 3000
Medical & Consulting • Shops & Retail • Offices
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Tiga Commercial - Melbourne
Level 11, 410 Collins StreetMELBOURNE, VIC 3000
Level 1, 118 Franklin Street
Melbourne, VIC 3000
Map of Level 1, 118 Franklin Street
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
⟶ 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
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Property ID: 504156475Last Updated: 9 Dec 2022
Tiga Commercial - MelbourneLevel 11, 410 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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