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Level 1, 118 Franklin Street

, 

Melbourne

 

VIC

 

3000

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Applicable Property Types:
Retail
 • 
Medical & Consulting
 • 
Office
 • 
Other
 • 
Floor Area: 
m2
 – 
108
m2
Land Area: 
m2
Total Car Spaces: 
Parking Comments: 
Opportunity to purchase car parking spaces separately
Energy Rating: 

Newly Leased CBD Retail Investment in High Growth Precinct

• 
Entry Level CBD Retail Investment
• 
New 5 + 5 Year Lease
• 
Established Queen Victoria Market Precinct

Tiga Commercial exclusively presents the opportunity to purchase Level 1, 118 Franklin Street, Melbourne with the following key investment highlights:

  • A strata retail investment with convenient direct access via ground floor enjoying major signage exposure to growing foot traffic
  • Leased to‘ProSkin Lab Aesthetic Medicine’, a Beauty Salon & Spa operator returning approx. $51,637.44 p.a.
  • Newly signed lease commenced 20 April 2022 with a 5-year lease term with one (1) further term of five (5) years
  • Total lettable area of approx. 108sqm
  • Strategically positioned in Melbourne’s highly desirable residential development precincts, neighbouring landmark Build-To-Rent apartment projects, as well as the QVM precinct Renewal Project, bolstering future pedestrian foot traffic
  • Walking distance to Queen Victoria Market, RMIT, and Elizabeth Street eateries
  • Public transport options include Elizabeth Street tram routes, Queen Street bus routes and a 5-minute walk to Melbourne Central Station
  • Opportunity to purchase car parking spaces separately

For Sale via Expressions of Interest

‍

*Approximate

Interested in this property? Enquire below.

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