Basement, 420 Collins Street,
Melbourne, VIC 3000
Offices • Shops & Retail
Key property information
Floor area
Tenure type
Sold on
Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
Basement, 420 Collins Street
Melbourne, VIC 3000
Map of Basement, 420 Collins Street
Whole Basement Floor
- Exclusive Collins Street Location
- Suit Investors / Future Owner Occupiers
****SOLD****
Gross Waddell ICR is delighted to offer for sale the whole basement floor located at 416 - 420 Collins Street, Melbourne.
Within the heart of Melbourne CBD’s mid-town precinct, the building is situated in a prominent position on Collins Street.
Property Highlights:
• Expansive & flexible basement of 418 sqm*
• Offered with a lease in place till 31st October 2024
• Current rental of $162,427pa* with no further options
• Suit astute investors or future owner occupier
• Surrounded by an abundance of amenities including quality retail and hospitality offerings and exceptional public transport connectivity with Collins Street Tram network directly in front, and with Flinders Street & Southern Cross Train Stations in immediate proximity.
For Mortgagee Sale via Expressions of Interest Closing Wednesday 26th July at 3pm
For further information or to arrange an inspection, please contact exclusive selling agents Gross Waddell ICR.
*approx.
Gross Waddell ICR is delighted to offer for sale the whole basement floor located at 416 - 420 Collins Street, Melbourne.
Within the heart of Melbourne CBD’s mid-town precinct, the building is situated in a prominent position on Collins Street.
Property Highlights:
• Expansive & flexible basement of 418 sqm*
• Offered with a lease in place till 31st October 2024
• Current rental of $162,427pa* with no further options
• Suit astute investors or future owner occupier
• Surrounded by an abundance of amenities including quality retail and hospitality offerings and exceptional public transport connectivity with Collins Street Tram network directly in front, and with Flinders Street & Southern Cross Train Stations in immediate proximity.
For Mortgagee Sale via Expressions of Interest Closing Wednesday 26th July at 3pm
For further information or to arrange an inspection, please contact exclusive selling agents Gross Waddell ICR.
*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
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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