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Shop 3, 601 Little Collins Street Melbourne, VIC 3000

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Shop 3, 601 Little Collins Street
Melbourne, VIC 3000

Shop & Retail
Sold Price

Contact Agent

Floor area

30.0m²

Property extent

Partial

Tenure type

Tenanted Investment

Sold on

03 May 2018

CBD Investment Leased to Longstanding Café

  • Retail Investment in booming CBD
  • Securely leased to vibrant city café
  • 10 year lease with options to 2029
Savills is delighted to offer for sale this remarkable CBD retail investment, located at Shop 3, 601 Little Collins Street, Melbourne. Situated in the prized city’s west end, this premium retail property is ideally positioned within one of the highest trafficked precincts of Melbourne’s CBD. This fully leased asset represents an incredibly secure investment opportunity with strong growth prospects in a highly demanded location.

Key attributes for this property includes:

• A high profile ground level CBD retail property
• Leased to established café ‘Hugo’s Expresso’ since 2009 with a brand new fit out.
• 10 year lease with 2 x 5 years options to 2029
• Current net rent of $62,053 per annum* with 5% annual increases
• Perfectly positioned between major Melbourne office buildings including Rialto Tower, 530 Collins Street and the AMP Tower at Bourke Place.
• An incredibly busy precinct within the west end of the CBD within 80 metres* of the Southern Cross Station.
• A rare and affordable CBD retail investment opportunity suitable for first time investor or superannuation buyer!

This is a rare opportunity to acquire a high profile retail building in the heart of the prestigious West-End of Melbourne’s CBD

Shop 3, 601 Little Collins Street, Melbourne is for Immediate Private Sale.

Benson Zhou - 0458 488 888
Nick Peden - 0402 011 266
Dorothy He - 0430 183 889

*Approx.

Property ID: 502821370Last Updated: 20 Aug 2018

Shop 3, 601 Little Collins Street
Melbourne, VIC 3000

Agency contacts

Savills - Melbourne

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Savills - Melbourne

Level 48, 80 Collins Street
MELBOURNE, VIC 3000
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Benson Zhou
Savills - Melbourne
Shop 3, 601 Little Collins 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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