423 & 425 Elizabeth Street,
Melbourne, VIC 3000
Shops & Retail • Offices • Development Sites & Land
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
03 9613 04...
423 & 425 Elizabeth Street
Melbourne, VIC 3000
Map
TWO COMMANDING SIDE BY SIDE ELIZABETH STREET FREEHOLD INVESTMENTS
- First time offered in over 45 years
- High quality retail/hospitality fit out
- Ideally suited to investors/occupiers
+Two highly prized double storey freehold retail buildings located in the heart of Elizabeth Street’s most popular food & beverage precinct
+Benefitting from a combined 8.2 metres* of street frontage to Elizabeth Street with exceptional retail exposure, exclusive signage rights, full rear lane access and the opportunity for outdoor seating permit
+Located at the epicentre of Melbourne’s booming northern Elizabeth Street precinct surrounded by some of the highest density living in the southern hemisphere offering an irreplaceable customer catchment area
+Surrounded by over $2.5bn worth of upcoming landmark mixed-use developments in the immediate block including SP Setia’s UNO project, 3L Alliance’s landmark Queens Place development and moments away from the Queen Victoria Market redevelopment set to further gentrify the area and drive capital and rental values
+Within 200m of the CBDs biggest shopping centres - Melbourne Central Shopping Centre, Emporium Melbourne and QV Melbourne
+Surrounded by unrivalled public transport connectivity with immediate access to Melbourne Central Train Station, Elizabeth Street Tram Network and La Trobe Street bus network
+Set to directly benefit from the $11 billion-dollar Melbourne Metro Tunnel project and the creation of State Library Station within 150 metres* of the property
For further information please contact the exclusive sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 447
Nathan Mufale
+61 421 224 354
Jing Jun (JJ) Heng
+61 411 059 116
+Benefitting from a combined 8.2 metres* of street frontage to Elizabeth Street with exceptional retail exposure, exclusive signage rights, full rear lane access and the opportunity for outdoor seating permit
+Located at the epicentre of Melbourne’s booming northern Elizabeth Street precinct surrounded by some of the highest density living in the southern hemisphere offering an irreplaceable customer catchment area
+Surrounded by over $2.5bn worth of upcoming landmark mixed-use developments in the immediate block including SP Setia’s UNO project, 3L Alliance’s landmark Queens Place development and moments away from the Queen Victoria Market redevelopment set to further gentrify the area and drive capital and rental values
+Within 200m of the CBDs biggest shopping centres - Melbourne Central Shopping Centre, Emporium Melbourne and QV Melbourne
+Surrounded by unrivalled public transport connectivity with immediate access to Melbourne Central Train Station, Elizabeth Street Tram Network and La Trobe Street bus network
+Set to directly benefit from the $11 billion-dollar Melbourne Metro Tunnel project and the creation of State Library Station within 150 metres* of the property
For further information please contact the exclusive sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 447
Nathan Mufale
+61 421 224 354
Jing Jun (JJ) Heng
+61 411 059 116
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
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