1/43-51 Lonsdale Street,
Melbourne, VIC 3000
Offices • Medical & Consulting • Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
1/43-51 Lonsdale Street
Melbourne, VIC 3000
Map of 1/43-51 Lonsdale Street
An Absolute Hidden CBD Gem | Valuable Lonsdale Street Frontage
- 10 Year Lease Plus Options to 2048
- Tenant Pays OG Incl Land Tax & Mgmt
- 160sqm* Ground Floor With Rear Access
Burgess Rawson is pleased to offer to the market the Comfort Hotel conference and office facility at 1/43-51 Lonsdale Street, Melbourne VIC for sale via Investment Portfolio Auction 160
The property has the following investment highlights:
+10 year lease to June 2028 plus two long 10 year options to 2048
+ Strategic leaseholding as conference/business hub for Comfort Hotels (Choice Hotels Group), 7,100 hotels in more than 40 countries)**
+ Investor preferred net lease terms with tenant paying all usual outgoings including single holding land tax and agents management fees
+ Versatile 160sqm* ground floor title with direct access from Lonsdale Street and rear access from Punch Lane
+ Potential future opportunity to convert to a standalone tenancy
+ Capital City Zone (CCZ) under the Melbourne Planning Scheme
+ Valuable Lonsdale Street frontage within Melbourne’s iconic theatre precinct with 20,300 cars passing daily***
+ Only 400m* from Melbourne’s historic China Town, ranked amongst the world’s top 10 tourist destinations with millions of people visiting each year****
+ Within close proximity to Parliament House, Parliament Station, St Vincents Hospital, The Princess Theatre and supported by hotels such as Oaks, Mariott, Rydges and more
+ The City of Melbourne: by 2041, the number of people living in the city is expected to double and reach 308,000
+ Net Income: $56,980 pa* (as at June 2023)
To be sold via Investment Portfolio Auction:
10:30am (AEST) Wednesday 10 May 2023
Crown Casino – River Room
*Approx
** Choice hotels
***GapMaps
****Melbourne News
*****Urban Property Australia
The property has the following investment highlights:
+10 year lease to June 2028 plus two long 10 year options to 2048
+ Strategic leaseholding as conference/business hub for Comfort Hotels (Choice Hotels Group), 7,100 hotels in more than 40 countries)**
+ Investor preferred net lease terms with tenant paying all usual outgoings including single holding land tax and agents management fees
+ Versatile 160sqm* ground floor title with direct access from Lonsdale Street and rear access from Punch Lane
+ Potential future opportunity to convert to a standalone tenancy
+ Capital City Zone (CCZ) under the Melbourne Planning Scheme
+ Valuable Lonsdale Street frontage within Melbourne’s iconic theatre precinct with 20,300 cars passing daily***
+ Only 400m* from Melbourne’s historic China Town, ranked amongst the world’s top 10 tourist destinations with millions of people visiting each year****
+ Within close proximity to Parliament House, Parliament Station, St Vincents Hospital, The Princess Theatre and supported by hotels such as Oaks, Mariott, Rydges and more
+ The City of Melbourne: by 2041, the number of people living in the city is expected to double and reach 308,000
+ Net Income: $56,980 pa* (as at June 2023)
To be sold via Investment Portfolio Auction:
10:30am (AEST) Wednesday 10 May 2023
Crown Casino – River Room
*Approx
** Choice hotels
***GapMaps
****Melbourne News
*****Urban Property Australia
Property ID: 504300972Last Updated: 7 Feb 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Zambrero, 374 Chapel Street,South Yarra, VIC 3141 203 m²Shops & Retail • Medical & Consulting • Offices
Contact Agent
Chinese Medicine Clinic, 8/419-421 Victoria Street,Abbotsford, VIC 3067 115 m²Medical & Consulting • Shops & Retail • Offices