Gross Waddell ICR, with Charter Keck Cramer acting as Transaction Advisor, are thrilled to be selling 4 extremely coveted retail investments in Melbourne’s prestigious East End.
Forming part of the iconic Georges Apartment development, the properties are ideally positioned amongst premium grade office towers, residential buildings, global retailers, hotels, restaurants, bars and cafes.
These generational trophy assets are fully leased and offered for the first time in almost 30 years.
• PRIME RETAIL INVESTMENTS- 4 individual retail assets within the iconic Georges Apartment development, offering the opportunity to buy them individually or collectively
• POWERHOUSE RETAIL TENANTS- Fully leased with tenants including the highly acclaimed Il Bacaro restaurant who has occupied this prime location since 1995, in addition to 3 contemporary fashion boutiques
• DIVERSIFIED INCOME PROFILE- 100% leased offering significant income with future upside, ranging from $52,000 to $475,129* net per annum
• SCARCITY FACTOR- Held by the one Family since completion, the properties sit within the tightly held Little Collins precinct with prime exposure to a thriving pedestrian thoroughfare
• A WORLD CLASS ADDRESS- The epicentre of Melbourne’s East End cosmopolitan and corporate precinct
• COSMOPOLITAN HOT SPOT- Little Collins Street is home to the most electric and in demand cafes, restaurants, bars and fashion boutiques
• EPITOME OF LUXURY AND ELEGANCE- Merely meters to Melbourne’s home of luxury retailers including Louis Vuitton, Gucci, Dior, Bottega Veneta plus many more
• ULTIMATE ACCESSIBILITY- Well-serviced by public transport including Collins Street, Spring Street, Swanston Street and Bourke Street tram networks, Flinders Street and Parliament Train Stations and nearby the future Town Hall Metro Train Station
Offering potential to buy the retail investments ind