157-173 LONSDALE STREET, MELBOURNE VIC

CBD CORNER FREEHOLD INVESTMENT WITH REDEVELOPMENT POTENTIAL – SOLD

CBD CORNER FREEHOLD INVESTMENT WITH REDEVELOPMENT POTENTIAL – SOLD

Emmetts advised on the sale of a prime CBD multi-let corner freehold investment with high rise redevelopment potential.

CBD Investment, Investment Services, Development Services, Retail Investment Services.

The Property:

Situated on the corner of Lonsdale and Russell Street, and forming a gateway site to Melbourne famous China Town Precinct, the property is also situated opposite Charter Hall’s Wesley Place and diagonally opposite the highly successful QV Precinct.

Investment considerations included:

+ Major CBD corner freehold

+ Strong holding income with leases to multiple hospitality and retail service tenants

+ Strategic CBD location at Gateway to China Town Precinct

+ High rise redevelopment potential (STPA)

For further information regarding this sale, please contact the agents.

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Charles Emmett
+61 402 358 069
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