Rare business opportunity in the most sought after location in Melbourne CBD, Elizabeth and Flinders Street block.Heart of Melbourne and key to the city. Fastest growing city in Australia. Once in...
About the Opportunity
Rare business opportunity in the most sought after location in Melbourne CBD, Elizabeth and Flinders Street block. Heart of Melbourne and key to the city. Fastest growing city in Australia. Once in a lifetime location, surrounded by all leading food franchises as well as supermarkets.
* Increased pedestrian traffic flow due to closure of Swanston St, Railworks scheduled for next 10 years. * First time offered in 29 years (current ownership since 1989). * Lowest rent in the area by substantial margins, approx $1777 per sqm, compared to $5000 per sqm across the road. * Rent is $330,000 p.a * 180sqm approx, double shop front of well over 6 meters * 13 year lease * 6-7 million dollars rental savings over the lease period * Suitable for a major franchise looking to relocate to the best location or establish itself and collect all the rental savings
* Please note that we are selling the opportunity to buy out the existing cheap lease and take on the savings.
* First floor is also available for anyone who is interested to take advantage of the opportunity to incorporate both floors. First floor is 200sqm approx.