26-32 King Street, Melbourne, VIC 3000


For Sale

  • Property ID: 428483
  • Floor Area: 1200m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)

**EXPRESSIONS OF INTEREST IS NOW CLOSED** • Rare opportunity to acquire a high-profile Melbourne CBD freehold investment • A five-level retail and office building with total building area of 1,200 sqm* • Located… in Melbourne’s Western Core which is currently undergoing significant regeneration • Landholding of 304 sqm* with significant value-add opportunities with rental upside and development potential • Well serviced area by public transport with proximity to Southern Cross Train Station (315 m*) and tram routes along Flinders Street (90 m*), Collins Street (225 m*) and William Street (275 m*) • Ground floor retail fully-leased to longstanding and recognised tenants • Situated in Melbourne’s vibrant and highly popular 24 hour entertainment precinct, Surrounded by the City’s most progressive commercial, residential and hotel developments • Direct access to Southbank and Crown Casino via King Street and Kings Way **EXPRESSIONS OF INTEREST IS NOW CLOSED** To book inspection or for further information, please contact the exclusive sales and marketing agents at JLL Melbourne: Josh Rutman | 0411 27 37 46 Tim Carr | 0415 767 915 Mingxuan Li ?? ? | 0498 688 998 *Approx • Value-add investment or owner occupation • Multiple tenants providing a diverse income stream • Located in rapidly evolving western core CBD precinct in Melbourne’s Western Core which is currently undergoing significant regeneration

Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $1300 --- ---
Retail $6452 $656 10.17%
Offices $6064 $785 12.95%
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 Offices in VIC for Sale

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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