451 Little Collins St,
Melbourne, VIC 3000
Shops & Retail • Other
Key property information
Floor area
Tenure type
Sold on
Cushman & Wakefield - Melbourne
Level 9, 385 Bourke StreetMELBOURNE, VIC 3000
451 Little Collins St
Melbourne, VIC 3000
Map of 451 Little Collins St
Trophy Melbourne CBD Retail Asset
- Strong 7-Day Trade Precinct
- Prominent Signage & Street Exposure
- Surrounded by Celebrated F&B Operators
Cushman & Wakefield Melbco Strata Markets are excited to present 451 Little Collins Street, Melbourne, a golden opportunity to acquire this premium retail property offered for the first time in over 20 years.
- Bullet-proof Melbourne CBD Retail Investment in the heart of Melbourne’s thriving Midtown Precinct, featuring some of the City’s most famous restaurants, bars and cafes.
- High Profile Little Collins Street location, being metres away from Banks Place as well as some of Melbourne CBD’s premier hospitality destinations including Chancery Lane, Treviso Bar & Wine Store and Mitre Tavern.
- Brand-new lease to ‘Vibes Pub and Café Co Pty Ltd’, a boutique hospitality operator looking to capitalise on the rebounding CBD hospitality sector driven by the return of international students and office workers
- Five (5) year and three (3) month lease commenced 1 September 2023 with options extending until 2033 plus fixed annual rent increases.
- Strong net income of $62,400 plus fixed rent increases of 3.50% per annum
- Vibrant 7-day trade precinct attracting both weekday and weekend visitors
Don’t miss this opportunity to own a unique piece of Melbourne. Inspections are encouraged, and we’re confident you won’t be disappointed.
SOLD
Contact Melbco Strata Markets today
George Davies | +61 421 799 4...
Anthony Kirwan | +61 431 952 4...
*Approx
- Bullet-proof Melbourne CBD Retail Investment in the heart of Melbourne’s thriving Midtown Precinct, featuring some of the City’s most famous restaurants, bars and cafes.
- High Profile Little Collins Street location, being metres away from Banks Place as well as some of Melbourne CBD’s premier hospitality destinations including Chancery Lane, Treviso Bar & Wine Store and Mitre Tavern.
- Brand-new lease to ‘Vibes Pub and Café Co Pty Ltd’, a boutique hospitality operator looking to capitalise on the rebounding CBD hospitality sector driven by the return of international students and office workers
- Five (5) year and three (3) month lease commenced 1 September 2023 with options extending until 2033 plus fixed annual rent increases.
- Strong net income of $62,400 plus fixed rent increases of 3.50% per annum
- Vibrant 7-day trade precinct attracting both weekday and weekend visitors
Don’t miss this opportunity to own a unique piece of Melbourne. Inspections are encouraged, and we’re confident you won’t be disappointed.
SOLD
Contact Melbco Strata Markets today
George Davies | +61 421 799 4...
Anthony Kirwan | +61 431 952 4...
*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
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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