Cushman & Wakefield Melbco City Sales are delighted to present for sale 385 Little Lonsdale Street, Melbourne, a substantial 5-level corner freehold building in the heart of the CBD, with the following key attributes: - Superb Melbourne CBD Retail Core location, a true 24/7 precinct. - Significant underlying land parcel of 351sqm* with prime corner street frontage of 38m* to Little Lonsdale Street & Hardware Street. - Rare, recently refurbished 5-level retail and office freehold building of 1,110sqm* Net Lettable Area (NLA) plus a secure basement car park for 10+ vehicles, totalling 1,739sqm* Gross Building Area (GBA). - Partially leased, a diversified current income profile of $301,068.11* + GST + Outgoings p.a. with enormous rental upside to be achieved. - Genuine opportunities to owner occupy immediately, invest, maximize income returns and add value through rooftop activation, signage or construction of additional levels (STCA). - Favourable Capital City 1 Zoning (CCZ1) permitting office, accommodation, medical, education, retail, hospitality and mixed uses (STCA). - Booming Midtown CBD position, surrounded by landmark developments with direct access to all forms of public transport, including Melbourne Central Train Station (120m*). - Strategic gateway corner location into Melbourne’s coveted cultural golden mile, Hardware Lane Dining Precinct. For Private Sale For more information, please contact Cushman & Wakefield Melbco City Sales as the exclusive selling agent: Melbco City Sales Anthony Kirwan | +61 431 952 430 Daniel Wolman | +61 412 957 839 Oliver Hay | +61 419 528 540 Asia Capital Services Leon Ma 马海翔 | +61 417 070 725 *approx *STCA - Subject to council approval
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