Office

99 Queen Street, Melbourne

99 Queen St, Melbourne, VIC, 3000, AU

99 Queen Street, Melbourne_Property for Sale

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99 Queen Street, Melbourne 2_Property for Sale

Asset Description

JLL Melbourne CBD Sales has the exclusive privilege of offering for sale a high profile 12-level freehold office building located within an acclaimed central Melbourne CBD precinct – 99 Queen Street, Melbourne.

 

Key details of the opportunity include:

  • A prominent 12-storey (plus basement) commercial investment in a strategic central Melbourne location
  • Leased to 12 established tenants with immense rental upside potential
  • Total Net Lettable Area of 4,682sqm* including high exposure ground floor and basement retail
  • Set upon a freehold landholding with significant frontage to Queen Street and valuable rear access via Austral Lane
  • Efficient side service core configuration providing high levels of natural light optimal flexibility for tenancy configurations
  • Ideal floor plate size (ave. 379sqm) to take advantage of the most active tenancy requirements
  • Positioned within the tightly held Central Precinct of the Melbourne CBD, close to Collins Street and directly opposite major repositioning/redevelopment projects by GPT and CBUS
  • Substantial value enhancement opportunities through refurbishment and subdivision plus scope for future redevelopment
  • One of the last remaining CBD thoroughfares with substantial on-street car parking, complemented by several bus, tram and railway services
  • 0 Star NABERS Energy Rating

 

*Approx.

 

EOI NOW CLOSED.

  

To obtain further information or to arrange an accompanied inspection, please contact JLL Melbourne CBD Sales.

 

Josh Rutman | 0411 27 37 46

Nick Peden | 0402 011 266

MingXuan Li | 0498 688 998

Attributes

Building area Net
4,682 m²
Occupancy
48.00%
Year built
1967
Land area net
0.00 km² (509 m²)

Investment Highlights

·      Modern 12-level office building

·      Premium central CBD location

·      Strong rental growth potential

99 Queen Street, Melbourne 4_Property for Sale
99 Queen Street, Melbourne 4_Property for Sale

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Last updated
24 Mar 2023