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ARIES HOUSE, 181-183 King Street Melbourne, VIC 3000

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Sold

ARIES HOUSE, 181-183 King Street Melbourne, VIC 3000

Shop & Retail • Offices • Other
Sold Price

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Land area

221.0m²

Floor area

608.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

30 Aug 2018

LANDMARK MELBOURNE CBD FREEHOLD WITH ENORMOUS UPSIDE

  • ON-SITE PARKING & REAR LANE ACCESS
  • FULLY LEASED TO VARIETY OF TENANTS
  • SIGNIFICANT PRIME RETAIL FRONTAGE

A prominent four (4) level freestanding building with significant prime retail frontage, on-site car parking & rear lane access

Expansive and highly flexible open floor plates, oversized ceiling heights & an abundance of natural light

Offered fully leased to a variety of tenants with a current net income of $147,095.25 p.a.*

Substantial rental uplift potential with the opportunity to reposition into multi-level hospitality, office or residential (STPA)

Located in immediate proximity to Bourke Street tram stop & Southern Cross Train Station & surrounded by national tenants, corporate headquarters & residential towers

Set to benefit from over $3 billion worth of landmark residential, commercial & hotel developments including the Ritz-Carlton at West Side Place & the upcoming Mandarin Oriental Hotel

FOR SALE VIA PUBLIC ON-SITE AUCTION ON THURSDAY 30TH AUGUST 2018 AT 12:30PM

For more information please contact the exclusive sales and marketing agents:

Josh Rutman

+61 499 881 202

Mark Wizel

+61 409 809 868

Alex Brierley

+61 447 974 447

Lewis Tong

+61 421 870 833

Property ID: 502900890Last Updated: 25 Oct 2018

ARIES HOUSE, 181-183 King Street
Melbourne, VIC 3000

Agency contacts

CBRE - Victoria

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CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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Mark Wizel
CBRE - Victoria
ARIES HOUSE, 181-183 King 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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