BLUE-CHIP RETAIL INVESTMENT | CBD FRINGE LOCATION

NEW 5-YEAR LEASE TO NATIONAL AUSTRALIA BANK LIMITED (NAB)

Vinci Carbone is pleased to present this blue-chip retail freehold investment securely leased to National Australia Bank Limited (NAB), positioned within the heart of Melbourne’s renowned Lygon Street precinct.

Underpinned by one of Australia’s “Big Four” banking institutions, the asset delivers a secure and passive income stream supported by a long-term lease and fixed annual rental increases.

Positioned within immediate walking distance of the University of Melbourne and in close proximity to RMIT University, the property benefits from a high-density, non-cyclical catchment driven by education, medical and institutional demand.

Located within one of Melbourne’s most tightly held CBD fringe retail precincts, the asset offers irreplaceable positioning along Lygon Street, surrounded by national retailers, banks and iconic hospitality operators.
 

• Blue-Chip Tenant Covenant: Securely leased to National Australia Bank Limited (NAB), one of Australia’s “Big Four” banking institutions
• Secure Net Income: $258,131 per annum with fixed 4% annual increases
• New 5-Year Lease: Expiring July 2031, providing long-term income certainty
• Passive Investment Profile: All outgoings including land tax (single holding basis) paid by the tenant
• Strategic Landholding: 224 sqm* across two titles with over 9 metres frontage to Lygon Street
• Prime Retail Positioning: Located within the tightly held Lygon Street strip, surrounded by major banks and national retailers
• CBD Fringe Location: Positioned just 2km* north of the Melbourne CBD
• Education & Medical Catchment: Immediate proximity to University of Melbourne (~55,000+) and RMIT University (~90,000+)
• High Exposure Retail Asset: Benefiting from strong pedestrian traffic and tram connectivity

For Sale via Expressions of Interest closing Thursday 4 June at 4pm

For further information, please contact our agents: 
Frank Vinci - 0418 375 375 - [email protected] 
Joseph Carbone - 0418 351 316 - [email protected]




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