108 Elizabeth St, Melbourne, VIC 3000


For Sale

  • Property ID: 428486
  • Floor Area: 1939m²
  • Land Area: 397m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the building (FTTB)

Offered for the first time in 35 years - 108 Elizabeth Street, Melbourne Key details of the opportunity include:  - A magnificent 7-level Melbourne CBD dual freehold building… with exclusive tenant amenities on each floor - Recently completed full building refurbishment (incl. all services) presenting to an immaculate standard throughout - Fully leased to seven (7) established tenants demonstrating ongoing appeal for today’s business occupiers - Current net income $1,881,785 per annum with average fixed annual rental increases of 3.8% - Super prime location in the heart of the CBD Retail Core adjoining the Block Arcade only metres to Collins Street, Bourke Street Mall and Flinders Street Train Station - Outstanding pedestrian exposure and access, with valuable 18 metre street frontage and additional interface to Balcombe Place - Situated along the Melbourne CBD’s most highly trafficked pedestrian thoroughfare and consistently sought after by retail and office tenants - An extremely rare opportunity to purchase a hassle-free long term investment within Melbourne’s busiest and most tightly held location EXPRESSIONS OF INTEREST NOW CLOSED – 2ND ROUND EOI PROCESS UNDERWAY   To obtain further information or to arrange an inspection, please contact the selling agents at JLL and Allard Shelton.   JLL Josh Rutman | 0411 27 37 46 Nick Peden | 0402 011 266 Mingxuan Li | 0498 688 998   Allard Shelton Joseph Walton | 0417 309 347 Michael Ryan | 0433 180 199 ·          The ultimate CBD trophy investment ·          Fully refurbished to immaculate standard ·          100% leased to 7 tenants + fixed rental growth with exclusive tenant amenities on each floor

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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