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Colliers International - Melbourne

557 Little Lonsdale Street Melbourne, VIC 3000

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557 Little Lonsdale Street,
Melbourne, VIC 3000

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Colliers International - Melbourne
557 Little Lonsdale Street
Melbourne, VIC 3000
Colliers International - Melbourne
Anthony Kirwan
Chris Ling

Colliers International - Melbourne

Level 30, 367 Collins Street
MELBOURNE, VIC 3000

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PRIME LEGAL PRECINCT INVESTMENT WITH FUTURE UPSIDE

  • 5 X 5 x 5 x 5 YEAR NET LEASE
  • BLUE CHIP REAL ESTATE TENANT
  • FIRST TIME OFFERED TO THE MARKET
Colliers International is pleased to present a rare opportunity to purchase 557 Little Lonsdale Street, Melbourne with the following key attributes:

- Exceptional street fronting modern retail office of 147m²* across two levels
- New 5 x 5 x 5 x 5-year net lease commencing 1 March 2019
- Net Income of $145,860.70* per annum + GST + Outgoings
- Fixed rental increases of 5.00% per annum
- Underpinned by strong covenant to blue-chip real estate tenant, NPM (National Property Management Ltd)
- Striking office accommodation featuring reception, meeting rooms, boardroom, kitchen and storage with significant depreciation benefits
- Future upside and flexibility for hospitality / medical / retail repositioning (STCA) with all service connections & extraction infrastructure included
- Strategically positioned within the heart of Melbourne’s Legal Precinct, surrounded by the Courts, excellent tenant amenity, numerous high-density residential tower projects
- Outstanding access from arterials and within close proximity to all forms of public transport including Flagstaff train station and tram routes along William, Bourke and La Trobe Streets
- Perfect Self-Managed Super Fund (SMSF) acquisition

For Sale by Expressions of Interest closing Wednesday 8th May 2019 at 12.00pm AEST

To arrange an inspection or for more information please contact the exclusive selling agents:

Chris Ling +61 419 294 346

Anthony Kirwan +61 431 952 430

David Sia 谢忠佑 +61 430 111 223

Property ID: 503155486Last Updated: 4 Jul 2019

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Colliers International - Melbourne
Colliers International - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000
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Anthony Kirwan

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Anthony Kirwan
Colliers International - Melbourne
557 Little Lonsdale Street Melbourne, VIC 3000

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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