Cushman & Wakefield Melbco Middle Markets on behalf of transaction advisor, Charter Keck Cramer are delighted to present the intergenerational trophy freeholds, Mitchell House & Milledge House for sale, located at 273-289 Elizabeth Street & 350-360 Lonsdale Street, Melbourne.
Offered for the first time in 53 years, the key details of the opportunity include:
- Super high profile Elizabeth Street trophy freehold, comprising 11 retail shops and multiple art deco office suites.
- Absolute prime CBD landholding with over 85m* of corner retail frontage and additional rear access from Heape Court.
- 1,838sqm* prime CBD corner landholding. One of only 5 remaining on Elizabeth Street.
- Located in Melbourne CBD’s golden retail core surrounded by global giants, Emporium and Melbourne Central.
- Well-serviced by public transport, including Melbourne Central Train Station, Elizabeth, Collins and Bourke Street tram networks.
- 100% leased with enormous potential for immediate rental uplift.
- One of the highest foot traffic pedestrian thoroughfares in Australia.
- A clear pathway to vacant possession. Providing ultimate versatility to reposition, refurbish and/or redevelop into the future (STCA).
- A proven location for successful vertical retail and hospitality offerings.
- Surrounded by Melbourne’s best retail, office, apartment, hotel and student accommodation developments.
- A chance to become only the third owner in history. An opportunity not to be missed.
For Sale by International Expressions of Interest Closing Wednesday 22 November 2023 at 2pm (AEDT)
For further information or to arrange an inspection of the property please contact the Cushman & Wakefield Melbco Middle Markets team as the exclusive selling agents.
Oliver Hay | +61 419 528 540
Daniel Wolman | +61 412 957 839
International and Mandarin speaking investors are warmly invited to contact Asia Capital Services.
Leon Ma 马海翔 | +61 417 070 725
*Approx.
STCA: Subject to Council Approval
- Melbourne CBD
