Tenancy 1R/3 Freshwater Place,
Southbank, VIC 3006
Shops & Retail • Offices • Other
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Tenure type
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
03 9613 04...
Tenancy 1R/3 Freshwater Place
Southbank, VIC 3006
Map of Tenancy 1R/3 Freshwater Place
TWO LEVEL RETAIL INVESTMENT LEASED WELL KNOWN TENANT
- Two level retail premises of 509sqm*
- Leased to a major hospitality tenant
- Passing income of $354,122.47 per annum*
- Located in one of Melbourne's most tightly held retail locations, a short walking distance to the Melbourne CBD, Crown Casino and within Southbank dining and entertainment precinct
- Situated at the base of the mixed use office and retail complex 'Freshwater Place' this two level retail premises comprises of 509sqm* (gross building area including all internal areas) plus a spillover area of 103sqm* (occupied via leasehold arrangement)
- Leased to a major hospitality tenant with a passing income of $354,122.47 per annum*.
- Positioned within Melbourne's fastest growing and most densely populated suburb. More then 18,000 residents, 45,000 workers and 80,000 visitors every day
- Set to benefit from nearby world class development projects including 'Australia 108' and 'Southbank by Beulah' driving capital and rental values well into the future
- Supported by a myriad of major public transportation in the Queensbridge Street tram network and Flinders Street Train Station both within walking distance
*Approx
For further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 416 789 218
Alex Brierley
+61 447 974 447
- Situated at the base of the mixed use office and retail complex 'Freshwater Place' this two level retail premises comprises of 509sqm* (gross building area including all internal areas) plus a spillover area of 103sqm* (occupied via leasehold arrangement)
- Leased to a major hospitality tenant with a passing income of $354,122.47 per annum*.
- Positioned within Melbourne's fastest growing and most densely populated suburb. More then 18,000 residents, 45,000 workers and 80,000 visitors every day
- Set to benefit from nearby world class development projects including 'Australia 108' and 'Southbank by Beulah' driving capital and rental values well into the future
- Supported by a myriad of major public transportation in the Queensbridge Street tram network and Flinders Street Train Station both within walking distance
*Approx
For further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 416 789 218
Alex Brierley
+61 447 974 447
Southbank, 3006 demographic data
The median household income for Southbank is $1,926, 1% higher than Greater Melbourne's household income of $1,901. Southbank has a younger age profile compared to the rest of Greater Melbourne (median age 31 vs 37). Property ownership data shows 55% of property owners in Southbank have a mortgage.
22,631
Population
$1,926 per week
Median household income
31 years
Median age
Renters
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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