260-262 Russell Street,
Melbourne, VIC 3000

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High Exposure Retail Opportunity

Possessing a prime position with shop frontage onto Melbourne's bustling Russell St, this outstanding three-storey commercial holding presents purchasers with an outstanding opportunity to secure a position with the benefit of high exposure to vehicle and pedestrian traffic, a short stroll from trains, trams, a vast array of eateries, QV Melbourne shops, Melbourne Central Shopping Centre and Queen Victoria Market.

• Excellent commercial investment opportunity
• High exposure site
• Total floor area of 229sqm approx.
• Shop front, large studio spaces plus office spaces
• Staff and customer amenities plus kitchenette
• Large commercial grade kitchen
• Ample storage
• Excellent street parking for customers
• Walking distance from trains and trams
• Near a variety of shops and restaurants
• Rental potential $120,000 per annum

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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

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