SHOP 3, 601 LITTLE COLLINS STREET, MELBOURNE

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Savills is delighted to offer for sale this remarkable CBD retail investment, located at Shop 3, 601 Little Collins Street, Melbourne.

Situated in the prized city’s west endwest, this premium retail property is ideally positioned within one of the busiest precincts of Melbourne’s CBD. This fully leased asset represents an incredibly secure investment opportunity with strong growth prospects in a highly demanded location

The key attributes of the property include:

  • A high profile ground level CBD retail property

  • Leased to established café ‘Hugo’s Expresso’ since 2009 with a brand new fit out.

  • 10 year lease with 2 x 5 years options to 2029

  • Current net rent of $62,053 per annum* with 5% annual increases

  • Perfectly positioned between major Melbourne office buildings including Rialto Tower, 530 Collins Street and the AMP Tower at Bourke Place.

  • An incredibly busy precinct within the west end of the CBD within 80 metres* of the Southern Cross Station.

  • A rare and affordable CBD retail investment opportunity suitable for first time investor or superannuation buyer!

Shop 3, 601 Little Collins Street, Melbourne is for Immediate Private Sale.

*Approx.

 

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