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Colliers - Melbourne

Aldi, 8 Franklin Street Melbourne, VIC 3000

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Aldi, 8 Franklin Street,
Melbourne, VIC 3000

Shops & Retail

Key property information

Floor area

Car spaces

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Colliers - Melbourne

Colliers - Melbourne

Level 30, 367 Collins Street
MELBOURNE, VIC 3000
03 9629 88...
Colliers - Melbourne
Aldi, 8 Franklin Street
Melbourne, VIC 3000

Map of Aldi, 8 Franklin Street

Directions

A PRIME CBD SUPERMARKET INVESTMENT WITH UPSIDE

  • SECURELY LEASED TO GLOBAL TENANT – ALDI
  • 10 YEAR LEASE WITH OPTIONS
  • BASEMENT PARKING ON-TITLE (44 CAR PARKS)
Colliers International are proud to offer for sale Aldi, 8 Franklin Street, Melbourne.

• A high exposure, CBD retail investment situated on the ground floor of the Verve and Milano twin-tower development, comprising 46 and 36 levels respectively – corner Swanston Street and Franklin Street
• Boasting 25m* of prime frontage along Franklin Street and an expansive floor area of 1,650m²*
• Securely leased to global powerhouse, Aldi which has over 10,000* stores locations worldwide
• Significant passing income with future rental upside
• 44 car parks on-title presenting a long-term future opportunity for an additional income stream
• One of Australia’s most densely populated pockets, driven by the immediate synergies with RMIT University, The University of Melbourne, The Queen Victoria Market, Melbourne’s medical precinct and the Melbourne Metro Tunnel project
• Super prime, northern corridor locality where the unparalleled growth is underpinned by countless student accommodation, hotel, residential and commercial high-rise developments
• Direct access to public transport including the future CBD North Metro Station, Melbourne Central Station and tram routes along Elizabeth Street and Swanston Street
• A once in a lifetime opportunity to purchase a CBD supermarket investment in Melbourne’s fastest growing precinct

* Approx

FOR SALE BY ON-SITE PUBLIC AUCTION ON FRIDAY 6 DECEMBER 2019 AT 12.00PM

For further information or to arrange an inspection of the property please contact Colliers International as the exclusive selling agents.

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

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