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Colliers International - Melbourne
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Shop 6R, 200 Spencer Street Melbourne, VIC 3000

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For Sale

Shop 6R, 200 Spencer Street
Melbourne, VIC 3000

Shop & Retail
Sale Price

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Floor area

32.0m²

HIGH EXPOSURE MELBOURNE CBD RETAIL INVESTMENT

  • SITUATED OPPOSITE SOUTHERN CROSS STATION
  • NEW 5 X 5 YEAR LEASE
  • HIGH PEDESTRIAN TRAFFIC
Colliers International is pleased to present the opportunity to purchase Shop 6R, 200 Spencer Street, Melbourne

• Prominent CBD retail investment fully 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

• Brand new five (5) year term commencing October 2019 with one (1) further term of (5) years

• Impressive net income of $55,980 p.a. 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

• Directly opposite to Southern Cross Transportation Hub, providing direct access to the CBD grid and wider Melbourne

• Surrounded by upcoming 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

* Approximate

For Sale by International On-Site Public Auction on Thursday 21st November at 12.00pm

To arrange an inspection or for more information, please contact the Colliers International Melbourne City Sales team as the exclusive selling agents:

Colliers International

Chris Ling +61 419 294 346
Anthony Kirwan +61 431 952 430
Oliver Hay +61 419 528 540

Property ID: 503362210Last Updated: 8 Nov 2019

Colliers International - Melbourne
Shop 6R, 200 Spencer Street
Melbourne, VIC 3000
Anthony Kirwan
Oliver Hay
Chris Ling

Colliers International - Melbourne

Level 30, 367 Collins Street
MELBOURNE, VIC 3000

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Colliers International - Melbourne

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Colliers International - Melbourne

Level 30, 367 Collins Street
MELBOURNE, VIC 3000
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Anthony Kirwan

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Anthony Kirwan
Colliers International - Melbourne
Shop 6R, 200 Spencer Street Melbourne, VIC 3000

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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