Added 1 day ago
267-271 King Street,
Melbourne, VIC 3000
Shops & Retail • Development Sites & Land • Offices
Added 1 day ago
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$228,922
Number of Tenants
3 Tenants
Tenants / Type
Restaurant, Tattoo Studio and Office
Auction
Private inspections
to arrange a private inspection.
CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
267-271 King Street
Melbourne, VIC 3000
Map of 267-271 King Street
Train stations within 5 km of 267-271 King Street, Melbourne, VIC 3000 Distance Flagstaff Station 274 m Southern Cross Station 591 m Melbourne Central Station 832 m State Library Station 1.1 km Town Hall Station 1.1 km POWERED BY HERE ©Tram stops within 5 km of 267-271 King Street, Melbourne, VIC 3000 Distance 2-King St/la Trobe St (Melbourne City) 169 m 1-Spencer St/la Trobe St (Melbourne City) 228 m 119-la Trobe St/Spencer St (Melbourne City) 231 m Southern Cross StationStop 1 263 m 3Flagstaff Station la Trobe St 329 m POWERED BY HERE ©Bus stops within 5 km of 267-271 King Street, Melbourne, VIC 3000 Distance King St/Lonsdale St (Melbourne City) 116 m Lonsdale StSpencer St Melbourne City 230 m Supreme Court/Lonsdale St (Melbourne City) 243 m Melbourne 257 m Greyhound Bus Stop Melbourne 266 m POWERED BY HERE ©
POWERED BY HERE ©
Prized Melbourne CBD Freehold | Leased to Established and Successful Tenants
- Fixed 4% & 3.5% increases
- King St frontage + rear laneway access
- Long-term development upside
CBRE are delighted to offer to the market 267-271 King Street, Melbourne CBD VIC for sale via National Portfolio Auction 182.
+ A prominent freestanding retail investment in one of Melbourne’s most densely populated and rapidly evolving central business districts, offering a perfect blend of secure "holding income" and future development upside.
+ Fully leased to three established tenants (Restaurant, Tattoo Studio, and Office), delivering diversified income streams.
+ Fixed annual rental increases of 3.5% and 4.0%, ensuring consistent compounding growth.
+ Prime 212.5 sqm* freehold site featuring a 344 sqm* two-level building with an impressive 11.4m frontage* to King Street and valuable rear access via Altson Lane.
+ Positioned along a bustling 24/7 corridor with 43,000 vehicles passing daily*, benefiting from Melbourne’s premier hospitality, nightlife, and entertainment activity.
+ The most favourable zoning available (Capital City Zone), providing maximum flexibility for a variety of uses and significant long-term redevelopment potential (STCA).
+ Situated in the CBD's most densely populated pocket, surrounded by high-rise residential towers and premium office buildings, with the local population forecast to double by 2041.
+ Steps from Melbourne’s core infrastructure, including Southern Cross Station (400m – 78 million annual patrons) *, Flagstaff Gardens (350m*), and Queen Victoria Market (500m* - 10 million annual visitors), ensuring permanent tenant demand and foot traffic.
+ Combined Net Rent: $228,922
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 25 February 2025
River Room - Crown Casino, Melbourne
Please contact the exclusively appointed sales team for more information.
+ A prominent freestanding retail investment in one of Melbourne’s most densely populated and rapidly evolving central business districts, offering a perfect blend of secure "holding income" and future development upside.
+ Fully leased to three established tenants (Restaurant, Tattoo Studio, and Office), delivering diversified income streams.
+ Fixed annual rental increases of 3.5% and 4.0%, ensuring consistent compounding growth.
+ Prime 212.5 sqm* freehold site featuring a 344 sqm* two-level building with an impressive 11.4m frontage* to King Street and valuable rear access via Altson Lane.
+ Positioned along a bustling 24/7 corridor with 43,000 vehicles passing daily*, benefiting from Melbourne’s premier hospitality, nightlife, and entertainment activity.
+ The most favourable zoning available (Capital City Zone), providing maximum flexibility for a variety of uses and significant long-term redevelopment potential (STCA).
+ Situated in the CBD's most densely populated pocket, surrounded by high-rise residential towers and premium office buildings, with the local population forecast to double by 2041.
+ Steps from Melbourne’s core infrastructure, including Southern Cross Station (400m – 78 million annual patrons) *, Flagstaff Gardens (350m*), and Queen Victoria Market (500m* - 10 million annual visitors), ensuring permanent tenant demand and foot traffic.
+ Combined Net Rent: $228,922
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 25 February 2025
River Room - Crown Casino, Melbourne
Please contact the exclusively appointed sales team for more information.
Melbourne, 3000 demographic data
54,941
Population
$1,448 per week
Median household income
29 years
Median age
Renters
Most residents
Singles
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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