Retail

26-32 King Street, Melbourne

26-32 King Street Melbourne, VIC Australia 3000
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Building Area Gross

Property description

**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 李名 | 0498 688 998





*Approx

Investment highlights

  • Value-add investment or owner occupation
  • Multiple tenants providing a diverse income stream
  • Located in rapidly evolving western core CBD precinct


Last Updated Date: 30 Sep 2021
MingXuan  Li
MingXuan Li
Associate, Capital Markets
Josh Rutman
Josh Rutman
Executive Director, Head of Capital Markets - Victoria

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Last Updated Date: 30 Sep 2021

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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