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526 La Trobe Street, MELBOURNE VIC, 3000

Sold
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Property Sold in 526 La Trobe Street, MELBOURNE VIC, 3000

Listing ID:
11385873
Status:
Sold
Last Updated:
03/07/2020
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Property Type

Retail/Offices/Medical/Consulting
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Land Area

549 SQM
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Floor Area

549 SQM
Icon parking

Parking

N/A

Outstanding CBD Corner Opportunity

Savills is delighted to offer for sale this exceptional CBD corner property located at 526 La Trobe Street, Melbourne. Offering the Ground Floor, Level 1 and Rooftop, the property provides an extraordinary opportunity for astute investors and owner occupiers.

526 La Trobe Street has the following key attributes:

• Incredible 549sq m* retail and office space spanning two levels plus rooftop
• Ground floor offers a high exposure modern retail premises
• First floor comprises a first class office space
• The rooftop provides the ultimate x-factor with signage income and upside
• High exposure corner location with three street frontages provides exceptional natural light to each tenancy
• Current net rental of $131,949 per annum* plus GST with opportunity for rental uplift (current average net rent of only $195/sq m*)
• A unique offering for astute value-add investors and owner occupiers
• Vibrant commercial pocket within a short walk to Southern Cross and Flagstaff Stations, Flagstaff Gardens, Marvel Stadium and plenty more
• A burgeoning western CBD location underpinned by numerous surrounding high-rise projects, which will provide an extraordinary level of amenity to the immediate locale
• An affordable CBD opportunity in one of the city’s most active precincts!

SOLD!

Contact Savills Agents:
Nick Peden - 0402 011 266
Tim Carr – 0415 767 915

In conjunction with Joseph Louis
Adam Caruso - 0416 102 725

For more details, please email agent

Savills Melbourne

Level 29, South Tower, 80 Collins Street, , Melbourne, VIC 3000


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