157-159 Swanston Street, Melbourne_Property for Sale
157-159 Swanston Street, Melbourne_Property for Sale
157-159 Swanston Street, Melbourne, VIC, 3000, AU

157-159 Swanston Street, Melbourne

Asset description

JLL Melbourne CBD Sales has the exclusive privilege of offering for sale a core Melbourne CBD freehold investment in the City’s 24-hour Precinct - 157-159 Swanston Street, Melbourne.


Key details of this exceptional opportunity include:


+ A 3-level double fronted Swanston Street freehold investment with flawless occupancy history

+ Fully leased to established tenants including national retailer EzyMart 

+ Current Net Passing Income: $543,004 per annum*

+ Two high exposure ground level shops with fully refurbished upper floors used as a restaurant

+ An extensive 10.5 metre* frontage to Swanston Street with additional rear frontage to Masons Lane

+ Absolute prime location within the most highly trafficked street in the epicentre of the Melbourne CBD Retail Core – a true 24/7 pedestrian precinct  

+ Metres from Bourke Street Mall and in immediate proximity to Myer, David Jones, Emporium Melbourne, Chinatown and Melbourne Town Hall.

+ Unrivalled exposure to an average of 28,000^ pedestrians daily and over 10,200,000^ annually 

+ Surrounded by unmatched public transport connectivity with trams at the doorstep and set to benefit from the completion of two brand new Metro Rail stations 

+ An extremely tightly held location in Melbourne, with only two (2) freehold Swanston Street properties changing hands since 2018

+ A generational opportunity within a location set to thrive through all market cycles


*Approx.


Nick Peden | 0402 011 266

Josh Rutman | 0411 27 37 46

MingXuan Li 李名轩 | 0498 688 998


^City of Melbourne

...

Attributes

Building area gross
500 sm
Land area gross
211.00 sm

Media

Investment highlights

·      Elite Melbourne CBD retail location

·      10.5m Swanston Street frontage

·      First time offered in 35 years

157-159 Swanston Street, Melbourne 4_Property for Sale
157-159 Swanston Street, Melbourne 4_Property for Sale

Contact brokers

157-159 Swanston Street, Melbourne (0 Properties)

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Last updated
Feb 4, 2024