Key Property Highlights

• Two-level freehold positioned within Melbourne's highly sought-after northern CBD precinct.
• 4.8m* frontage to Elizabeth Street
• Leased to well-known international bubble tea operator, Charlie’s Tea; net rent of approx.. $223,394.15 p.a. ex. GST
• Lease term of five (5) years which commenced 1 July 2025, with one (1) further option of five (5) years, and 4% annual increases.
• Vibrant hospitality precinct, surrounded by a curated mix of restaurants, cafés and specialty retailers, placing the asset at the heart of one of Melbourne's most active and enduring dining destinations.
• Strategic location moments from Queen Victoria Market, RMIT University, Melbourne Central and numerous major CBD landmarks, benefiting from exceptional pedestrian activity and traffic.
• Supported by a substantial residential and student accommodation catchment, including nearby Scape and UniLodge, together with the transformative Queen Victoria Market and Munro precinct redevelopments.
• Outstanding connectivity via multiple tram routes along Elizabeth Street, Melbourne Central Station and the nearby State Library Station within the Metro Tunnel network

469 Elizabeth Street presents an exceptional opportunity to acquire a high-profile CBD freehold investment with strong underlying fundamentals, compelling future upside and exposure to one of Melbourne's most dynamic growth precincts.

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For Sale Via Expression of Interest (EOI) Campaign closing Tuesday 14th July 2026 unless sold prior.

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*Approximate