392 Little Collins Street,
Melbourne, VIC 3000
Shops & Retail • Offices • Showrooms & Large Format Retail
Key property information
Floor area
Tenure type
Sold on
CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
392 Little Collins Street
Melbourne, VIC 3000
Map of 392 Little Collins Street
CENTRAL MELBOURNE CBD RETAIL INVESTMENT WITH 4+5 YEAR NET LEASE
- 4 + 5 year net lease
- Fully self-contained restaurant
- Commercial kitchen & car park
CBRE Melbourne are delighted to present for sale a central Melbourne CBD retail investment offered with a 4+5 year net lease to ‘Lakhey’ Nepalese restaurant.
Located in the heart of the Melbourne CBD’s financial precinct and set to benefit from the neighbouring landmark 435 Bourke Street development, 392 Little Collins Street can be summarised by the following key attributes:
+ An expansive and fully self-contained 231sqm* basement restaurant with direct access off Little Collins Street and on the corner of Penfold Place with side car park access
+ Offered fully leased to Nepalese restaurant ‘Lakhey’ on a 4+5 year net lease returning a current total rental of $109,273* per annum with 3% fixed annual increase
+ The property benefits from a recent fit out with full commercial kitchen facilities, rear loading and car park conveniently accessed via side laneway of Penfold Place
+ Located in the heart of the Melbourne CBD’s financial precinct between Queen Street and Elizabeth Street surrounded by a high-density catchment area of office workers benefitting lunch time and evening trade
+ Set to directly benefit from the precinct defining $1bn 435 Bourke Street development by CBUS Property connecting directly along Penfold Place with pre-lease commitments from CBA and leading law firms delivering 60,000sqm* of premium office space
Please contact our CBRE team today to arrange an inspection!
For further information please contact the exclusive sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116
Jj.heng@cbre.com.au (电子邮件)
jheng1206 (微信)
*Denotes approx.
Located in the heart of the Melbourne CBD’s financial precinct and set to benefit from the neighbouring landmark 435 Bourke Street development, 392 Little Collins Street can be summarised by the following key attributes:
+ An expansive and fully self-contained 231sqm* basement restaurant with direct access off Little Collins Street and on the corner of Penfold Place with side car park access
+ Offered fully leased to Nepalese restaurant ‘Lakhey’ on a 4+5 year net lease returning a current total rental of $109,273* per annum with 3% fixed annual increase
+ The property benefits from a recent fit out with full commercial kitchen facilities, rear loading and car park conveniently accessed via side laneway of Penfold Place
+ Located in the heart of the Melbourne CBD’s financial precinct between Queen Street and Elizabeth Street surrounded by a high-density catchment area of office workers benefitting lunch time and evening trade
+ Set to directly benefit from the precinct defining $1bn 435 Bourke Street development by CBUS Property connecting directly along Penfold Place with pre-lease commitments from CBA and leading law firms delivering 60,000sqm* of premium office space
Please contact our CBRE team today to arrange an inspection!
For further information please contact the exclusive sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116
Jj.heng@cbre.com.au (电子邮件)
jheng1206 (微信)
*Denotes approx.
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
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from CBRE - VIC
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
423 & 425 Elizabeth Street,Melbourne, VIC 3000 315 m²Shops & Retail • Offices • Development Sites & Land
Contact Agent
220 Collins Street, Shop 3,Melbourne, VIC 3000 56 m²Shops & Retail • Offices • Showrooms & Large Format Retail
Contact Agent
620 Collins Street,Melbourne, VIC 3000 639 m²Shops & Retail • Development Sites & Land • Offices