18 Heffernan Lane,
Melbourne, VIC 3000
Shops & Retail
Key property information
Land area
Floor area
Leased on
CVA Property Consultants - Melbourne
18-20 Russell StreetMELBOURNE, VIC 3000
03 9654 23...
18 Heffernan Lane
Melbourne, VIC 3000
Map of 18 Heffernan Lane
Chinatown's Exclusive Freehold Retail Opportunity
POINT OF INTEREST:
Rare opportunity to secure a three-level freehold in the heart of Chinatown. Strategically positioned in Heffernan Lane, iconically home to notable venues such as Tsindos, Union Electric Bar & Rooftop Gin Garden, Chicky Pot Hotpot, and Petaling Street Malaysian Restaurant.
This property spans 383sqm* of land with a total building area of 770sqm*. Currently housing Wing Cheong groceries, a well-established family-run institution renowned for supplying local hospitality groups, restaurants, and families.
Offered with a long-term lease commitment, 18 Heffernan Lane provides the chance for a major transformation, ideal for hospitality operators. This prime location allows for flexibility in performing extensive fit-out works, subject to council approval (STCA).
- Freehold offering
- 770sqm* building area
- (320sqm* Ground Level + 250sqm* Level 1 Half Floor + 200sqm* Level 2)
- Food and beverage provisions
- Attractive terms
POINT OF VIEW:
Charm, Character, Position — A betting man would say this rare freehold will have a waiting list.
*Approx.
Pricing excludes GST
Rare opportunity to secure a three-level freehold in the heart of Chinatown. Strategically positioned in Heffernan Lane, iconically home to notable venues such as Tsindos, Union Electric Bar & Rooftop Gin Garden, Chicky Pot Hotpot, and Petaling Street Malaysian Restaurant.
This property spans 383sqm* of land with a total building area of 770sqm*. Currently housing Wing Cheong groceries, a well-established family-run institution renowned for supplying local hospitality groups, restaurants, and families.
Offered with a long-term lease commitment, 18 Heffernan Lane provides the chance for a major transformation, ideal for hospitality operators. This prime location allows for flexibility in performing extensive fit-out works, subject to council approval (STCA).
- Freehold offering
- 770sqm* building area
- (320sqm* Ground Level + 250sqm* Level 1 Half Floor + 200sqm* Level 2)
- Food and beverage provisions
- Attractive terms
POINT OF VIEW:
Charm, Character, Position — A betting man would say this rare freehold will have a waiting list.
*Approx.
Pricing excludes GST
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
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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18-20 Russell Street,Melbourne, VIC 3000 438 m²Shops & Retail • Offices • Showrooms & Large Format Retail
