Last remaining warehouse in CBD Melbourne tenanted to 1000 £ Bend for sale

Last remaining warehouse in CBD Melbourne tenanted to 1000 £ Bend for sale
Staff reporterDecember 7, 2020

One of the last remaining warehouses in Melbourne is for sale.

Located at 361-365 Little Lonsdale Street the 611 sqm property is a prime freestanding asset with rear access in the heart of the Melbourne CBD.

It is underpinned by stable and long term leases to 1000 £ Bend with a secure income of $180,000 with fixed annual increases plus major rental upside.

Bourke Street Mall, Melbourne Central and Emporium Shopping Centre are stragically located meters from the property.

The property has significant development upside.

The property is offered through Colliers International agents Oliver Hay, Daniel Wolman and David Sia.

Editor's Picks