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Retail For Sale found in SOUTH MELBOURNE, VIC 3205

PREMIER SOUTH MELBOURNE SHOP AND DWELLING

Investment | Retail

- Immaculate two storey freehold in the heart of South Melbourne.
- Ground floor retail shop with 3 + 3 year lease to ‘Linen House’.
- Separate impressive 3 bedroom apartment with large outdoor terrace—offered with vacant possession.
- Land area: 163m2 approx.
- Current income: $91,054 pa approx.
- Outstanding city fringe retail precinct servicing the growing residential catchment.
- Convenient access to CBD and surrounding suburbs via tram, rail and road.
- Within walking distance to extensive amenity including the South Melbourne Market, Albert Park Lake and the Melbourne Sports and Aquatic Centre.
- Invest, occupy or further develop (stca).
For sale by Public Auction Wednesday 13th September at 1pm on site.
For further details, please contact:
James Lockwood – 0402 824 441
Adam Lester – 0432 097 599
Michael Donovan – 0417 329 687

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Price Contact Agent
Building 264m²
Property ID 264923

BRAND NEW RETAIL GEM!

Investment | Retail

Exciting new ‘Jewel’ development designed by award winning architects, a single retail space fronting Dorcas Street is available. Positioned between bustling Clarendon Street and the renowned South Melbourne Market this is a fantastic opportunity to secure a strong commercial position in an established and prominent shopping precinct.
- Ground floor retail
- Area: 101sqm (approx.)
- Car park included
- Flexible, open plan layout
- Surrounded by wide range of public transport and parking options
- Offered vacant possession
Please contact Adam Lester for more information

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Price: Contact Agent    Building: 101m²    Occupancy: Tenanted

A STUNNING INVESTMENT WITH LONG LEASE

Retail | Offices | Showrooms

This architecturally designed office or office and caretaker residence is wonderfully located in a South Melbourne mews only walking distance to Clarendon Street, the city and Southbank, South Melbourne Market and multiple tram routes.
Set over 4 levels and in pristine condition, the property is leased to a long standing architectural practice for 5 years plus options at $70,000 pa plus outgoings.
The garage offers parking for 3 cars plus further permit parking on street is available.
If you have been seeking a hassle free long term investment with good yield you must inspect this property!

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Price: 1400000    Building: 185m²    Occupancy: Vacant

PERFECTLY POSITIONED RETAIL

Retail

Ground floor: 199 m² approx
Mezzanine: 96 m² approx
Surrounded by approx 100,000 m² of office space & 800 apartments
Iconic facade and towering ceilings
Provision for food and beverage services
On site parking
Available now

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Price/Rent: Contact Agent    Building: 290m² - 300m²    Occupancy: Vacant


Properties located in the surrounding suburbs

EXTRAORDINARY CBD RETAIL INVESTMENT

Retail

Colliers International is pleased to present the opportunity to purchase the extraordinary retail investment at 118 Russell Street, Melbourne with the following key attributes:
- A one of a kind CBD retail asset at the intersection of Little Collins and Russell Streets
- Securely leased to established and well renowned lifestyle tenant S3 and Raw Studios
- Premium 'Paris End' location of Melbourne below the iconic Fender Katsilidis designed 'Hero' building
- Secure annual net rental income of $160,000* plus GST and outgoings on 3 x 5 x 5 x 5 year lease.
- Surrounded by Melbourne landmarks such as Chinatown and prestigious Collins Street, high end boutiques and Melbourne's most popular bars and eateries
- High volumes of pedestrian traffic and street exposure with surrounding high density office towers 120 Collins, Westpac Headquarters and the new QT Hotel
- Convenient access to public transport including Parliament Railway Station, and well-serviced by city tram routes on both Collins and Bourke Streets
*Approx.
To arrange an inspection or for more information, please contact Colliers International Melbourne City Sales team as the exclusive selling agents
Oliver Hay +61 419 528 540
Daniel Wolman +61 412 957 839
David Sia ??? +61 430 111 223

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Price Contact Agent
Building 281m²
Occupancy Vacant
Property ID 256596

PRIME STANDOUT CITY RETAIL INVESTMENT

Investment | Retail

Colliers International is pleased to present the opportunity to acquire Shop 4, 1 Queens Road with the following key attributes:
- Premium standout retail investment with significant frontage onto Queens Road and Kings Way
- Exclusive ground floor retail of 144msqr* at the base of St Kilda Road Towers
- Existing liquor license until 10pm
- Leased to experienced hospitality tenant "Caliente" with brand new 5 x 5 x 5 x 5 year lease with fixed annual increases
- High foot traffic pedestrian exposure from St Kilda Road Towers and surrounding high density residential and office buildings
- Substantial natural light to internal spaces with upside for mezzanine level addition (STCA)
- Surrounded by excellent lifestyle amenities with close proximity to Melbourne CBD and Chapel Street
- Domain Interchange within walking distance and major road networks via Kings Way, Citylink and Westgate Freeway
- On the doorstep to new Melbourne Metro Rail Project, the Domain Train Station
- Rental income: $144,200* p.a. plus GST and outgoings
*Approx.
For Sale by International Expressions of Interest (EOI) closing on Friday 26th May at 3.00pm.
To arrange an inspection or for more information, please contact Colliers International Melbourne City Sales team as the exclusive selling agents.
Oliver Hay +61 419 528 540
David Sia +61 430 111 223
www.colliers.com.au/33311

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Price Contact Agent
Building 144m²
Occupancy Tenanted
Property ID 256590

SPECTACULAR FREESTANDING GEM IN THE HEART OF THE CBD'S EAST END

Offices | Retail

Colliers International is pleased to present the opportunity to purchase 102 Little Lonsdale Street, Melbourne with the following key attributes:
- A premium opportunity to secure a truly unique freestanding CBD asset
- Primed for conversion to a prestige office or retail establishment
- Immaculate renovation into luxury residence unlike anything else in the CBD
- Favourable Capital City Zoning with potential for future redevelopment (STCA)
- Offered with vacant possession for ultimate flexibility
- Unrivalled east end location surrounded by world class amenity
- An iconic building with dual frontages and courtyard unlike anything else in the Melbourne CBD
- Prime CBD location serviced by tram, train and bus links
*approx.
To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team as the exclusive selling agents.
Daniel Wolman +61 412 957 839
Oliver Hay +61 419 528 540
David Sia +61 430 111 223
www.colliers.com.au/30797

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Price Contact Agent
Building 165m²
Land 103m²
Occupancy Vacant
Property ID 256578

A MAGNIFICENT EAST-END CBD FREEHOLD WITH...

Investment | Retail | Offices

Savills is delighted to offer for sale this exceptional CBD freehold building located at 124-130 Russell Street, Melbourne. With significant rental upside and strong development potential, this is a unique opportunity not to be missed.
This outstanding five level retail and office building is fully leased to a range of high quality tenants and is ideally located on Russell Street, close to the 'Paris End' of Collins Street and Bourke Street Mall.
The key attributes of the property include:
- A substantial 5-level retail and office building of 2,591sq m*
- Massive retail frontage to Russell Street of 21.76 metres*
- Significant landholding of 519sq m*
- Rear street frontage to Melbourne Place of 21.74 metres*
- Fully leased on short term agreements
- Current average annual net rental of $96/sq m* - representing massive rental growth potential!
- Endless potential to occupy, develop, subdivide, value add or invest
- An incredible location close to Bourke Street Mall and within the 24-hour district of Melbourne's East End
- An extremely rare CBD opportunity with obvious upside!
The opportunity to secure CBD freehold buildings of this calibre are very rare, especially when you consider the prime location, development potential and the opportunity to add significant value.
Accordingly we encourage prospective purchasers to actively consider this excellent opportunity. This is an opportunity that cannot be missed.
EOI Now Closed - Offers Under Assessment
For further information, please contact:
Nick Peden - 0402 011 266
Clinton Baxter - 0413 569 888
Benson Zhou - 0458 488 888

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Price: EOI Now Closed - Offers Under Assessment    Building: 2591m²    Land: 519m²    Occupancy: Tenanted

SUBURB PRICE GUIDE

Suburb Summary - South Melbourne, VIC 3205

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $6016 $521 8.65%
Retail $7389 $462 6.25%
Industrial $206
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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