Ground Floor, 18-20 Russell Street, Melbourne, VIC 3000

Retail | Offices | Hotel/Leisure

Leased

  • Property ID: 106336
  • Floor Area: 438m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Ground Floor Leased 22/04/2014 438m2 N/A N/A
Premier Ground Floor CBD Retail, Showroom or Office Opportunity

The Ground Floor of 18-20 Russell Street is currently available for lease.

Boasting approximately 18 metres of frontage to Russell Street, this ultra-modern space is positioned adjacent to the historic Forum Theatre in the heart of the CBD. Iconic neighbours include Chanel, Louis Vuitton, Grand Hyatt luxury hotel, The Duke of Wellington, PM24, Coda, Bowery to Williamsburg, The Meatball & Wine Bar and Chin Chin.

The open plan ground floor space features floor to ceiling glass shop front, excellent natural light and amenities. Further enhancing the space is 1 onsite car space / storage area with 1 roller shutter door, accessed via Oliver Lane.

This is a rare opportunity to secure a premier CBD retail space.

The space is currently occupied by Euroluce Lighting who will be relocating.

Additional Information
Features
  • Availability: April 2014
  • Zoning: Capital City Zone - Schedule 1 (CCZ1)
  • Lease Term: Negotiable
  • Rent Review: Negotiable
  • Car Spaces: 1 undercover onsite car space (can be used as a storage area)
  • Condition: Excellent
  • Air Conditioning: Yes
  • Roller Doors: 1x roller shutter door (accessed via Oliver Lane)
  • Floors: Polished concrete
  • Lifts: None
  • Height: 3 metres (approx)
  • Age: Refurbished
  • Car Parking Fees: None
Outgoings
  • Water Rates: To be advised
  • Land Tax: To be advised
  • Council Rates: To be advised
  • Owners Corp. / Insurance: To be advised
Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $435 ---
Offices $6717 $801 11.93%
Retail $7000 $693 9.91%
This is the average advertised price, rent and yield for Melbourne, VIC 3000*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of Ground Floor, 18-20 Russell Street, Melbourne, VIC 3000. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of Ground Floor, 18-20 Russell Street, Melbourne, VIC 3000. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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