205 Russell Street, Melbourne, VIC 3000

Retail

Leased

  • Property ID: 346533
  • Floor Area: 170m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Sold / Leased Results

Name Result Date Floor Land Result Price
Leased 05/03/2020 170m2 N/A Contact Agent
Prime CBD Restaurant Opportunity

This is a rare and exceptional opportunity to get into the best hospitality spot in Melbourne CBD.

This fully fitted restaurant is well positioned in the tightly held Russell Street/Chinatown precinct within close proximity to QV, RMIT and Melbourne Central.

- Suits restaurant, café, food & drink

- Ground, first and second floors spaces with convenient lift and staircase access

- Area: 170 sqm approx.

- Current restaurant set-up with two commercial kitchens

- Existing liquor licence

- High level pedestrian foot and passing traffic all day everyday

Contact us now before it is gone.

Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $435 ---
Retail $7000 $693 9.91%
Offices $6717 $801 11.93%
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™.
  • 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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