Investment Property
For Sale
  • Retail

    • BLUE CHIP CBD RETAIL INVESTMENT OPPOSITE QVM & MELBOURNE CBD

    260 Victoria Street, North Melbourne, Victoria 3051 Australia
    Investment Property
    For Sale
  • Retail

    • BLUE CHIP CBD RETAIL INVESTMENT OPPOSITE QVM & MELBOURNE CBD

    260 Victoria Street, North Melbourne, Victoria 3051 Australia
    Building Size
    158 SQM
    Building Size
    158 SQM

    OVERVIEW

    Cushman & Wakefield City Fringe Sales are pleased to present for sale 260 Victoria Street, North Melbourne with the following key attributes:


    BOOMING CITY FRINGE LOCATION 

    Situated on the doorstep of the CBD directly opposite the iconic Queen Victoria Market, undergoing a $1.7 billion* upgrade, offering exceptional exposure and foot traffic. 


    BLUE CHIP TENANT COVENANT 

    Securely leased to longstanding tenant of 19+ years, Melbourne’s 1st Korean BBQ business, ‘Toodouri Korean Barbecue’, with an excellent 4.3 Star Google Rating (342 reviews).


    STRONG RENTAL  

    Current net income of $144,866.22 + GST + Outgoings p.a. with fixed 5.00% annual compounding rental increases.  


    SUPERB RETAIL FREEHOLD 

    Two-level retail freehold of 158sqm* with attractive 6.02m* frontage, rear laneway access, commercial kitchen, ground and level 1 dining.


    POSITIONED FOR SUCCESS 

    Surrounded by high density residential (10,000+ apartments), world class universities, office buildings, the Biomedical Precinct, and student accommodation infrastructure, generating enormous foot traffic.  


    THE ULTIMATE FLEXIBILITY 

    Flexible zoning (Capital City Zone 5) allows for various future redevelopment or usage opportunities (STCA). 


    *Approximate


    For Sale by International Expressions of Interest closing Friday 14 March 2025 at 12.00pm (AEDT).


    For more information or to schedule a private inspection please contact Cushman & Wakefield City Fringe Sales as the exclusive selling agent.


    Oliver Hay 

    +61 419 528 540


    Anthony Kirwan

     +61 431 952 430


    George Davies 

    +61 421 799 489


    Valerie Tang 邓梓珊

    +61 421 271 215

    - Melbourne City Suburbs

    CONTACT

    Key Features
    • World Class Retail Location
    • Directly Opposite $1.7b* QVM Upgrade
    • Never Been Vacant (19+ Years)

    Details

    Building Size:
    158 SQM
    Sale Price:
    Negotiable

    CONTACT

    BLUE CHIP CBD RETAIL INVESTMENT OPPOSITE QVM & MELBOURNE CBD

    AVAILABILITIES

    SORT: AVAILABLE SPACE

    LOCATION

    RELATED PROPERTIES

    13-15 Errol Street
    13-15 Errol Street
    13-15 Errol Street
    13-15 Errol Street
    13-15 Errol Street
    13-15 Errol Street
    Sold
    For Sale ● Retail
    Timeless Corner Freehold in Booming Growth Precinct – First Time Offered in 50 Years +

    13-15 Errol Street
    North Melbourne, Victoria 3051
    Australia

    Sale Price: Negotiable

    With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

    Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

    You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
    MORE OPTIONS
    AGREE AND CLOSE
    These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
    These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
    These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
    Cookie preferences
    Agree All
    Reject All
    SAVE SETTINGS
    Essential
    Non Essential
    Marketing