For Sale
PRIME RUSSELL STREET CHINATOWN FREEHOLD
209-211 Russell Street, Melbourne VIC 3000
Vinci Carbone is pleased to offer for sale 209–211 Russell Street, Melbourne, an outstanding freehold investment occupying a prime position in the heart of Melbourne's tightly held Chinatown precinct.
Positioned on Russell Street between Little Bourke Street and Lonsdale Street, this is an increasingly rare opportunity to secure a well-leased freehold in one of Melbourne CBD's most established hospitality locations.
Key features include:
A rare chance to secure a prime piece of Melbourne's Chinatown.
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Positioned on Russell Street between Little Bourke Street and Lonsdale Street, this is an increasingly rare opportunity to secure a well-leased freehold in one of Melbourne CBD's most established hospitality locations.
Key features include:
- Prime Russell Street Chinatown position
- Approx. 111 sqm landholding
- Substantial 6 metre frontage to Russell Street
- Two-level commercial building with rear access
- Currently returning approximately $227,136 p.a. + GST and outgoings
- Strong 4% fixed annual rental increases
- Five-year lease expiring February 2029
- Two further five-year options
- Capital City Zone – Schedule 1
- Surrounded by some of Melbourne's best-known dining, entertainment and retail destinations
- An exceptionally tightly held Melbourne CBD freehold investment
A rare chance to secure a prime piece of Melbourne's Chinatown.
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