GROUND FLOOR/552-554 Lonsdale Street

Melbourne VIC 3000

+ A high profile Melbourne CBD corner location on the corner of Lonsdale Street and Healeys Lane in the established and high trading 'Little Korea' precinct.

+ Offered with a recent 10-year net lease (exp-2032) with 3.5% fixed annual increases across 124 square metres*

+ High quality and recent new fit out, existing outdoor seating permit as well as a 12am liquor licence in place

+ High foot traffic location and high performing lunch and night time trade with short walking distance to William Street tram stop, Southern Cross Train Station and Flagstaff Train Station

+ High growth development precinct with three (3) landmark mixed-use developments worth over $1.5bn set to be delivered over the next 5 years within 500 metres* of the property

Ground, 552 Lonsdale Street is For Sale via Expressions of Interest closing Thursday 7th December 2023 at 2:00pm (AEDT).

Weekly Open for Inspection:
Every Friday from 1:00pm 1:30pm

For further information or to arrange an inspection please contact the sales and marketing agents at CBRE:

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au