8 Franklin Street, Melbourne

This is a unit located in 510/PS512424 Melbourne VIC. It has an estimated value of $855,000. The local government is Melbourne, featuring 2 bedrooms and 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
2
Bathrooms
1
Car spaces
44
Land size
746 m2
Building size
-
Council area
Melbourne
Year built
n/a
Lot plan
510/PS512424 Melbourne VIC
House type
Unit: Standard



HISTORY




LISTING DESCRIPTION
as of December 2019

A PRIME CBD SUPERMARKET INVESTMENT WITH UPSIDE Colliers International are proud to offer for sale Aldi, 8 Franklin Street, Melbourne. A high exposure, CBD retail investment situated on the ground floor of the Verve and Milano twin-tower development, comprising 46 and 36 levels respectively corner Swanston Street and Franklin StreetBoasting 25m* of prime frontage along Franklin Street and an expansive floor area of 1,650m* Securely leased to global powerhouse, Aldi which has over 10,000* stores locations worldwideSignificant passing income with future rental upside44 car parks on-title presenting a long-term future opportunity for an additional income streamOne of Australias most densely populated pockets, driven by the immediate synergies with RMIT University, The University of Melbourne, The Queen Victoria Market, Melbournes medical precinct and the Melbourne Metro Tunnel projectSuper prime, northern corridor locality where the unparalleled growth is underpinned by countless student accommodation, hotel, residential and commercial high-rise developmentsDirect access to public transport including the future CBD North Metro Station, Melbourne Central Station and tram routes along Elizabeth Street and Swanston StreetA once in a lifetime opportunity to purchase a CBD supermarket investment in Melbournes fastest growing precinct* Approx FOR SALE BY ON-SITE PUBLIC AUCTION ON FRIDAY 6TH DECEMBER 2019 AT 12.00PMFor further information or to arrange an inspection of the property please contact Colliers International as the exclusive selling agents.Oliver Hay+61 419 528 540Daniel Wolman+61 412 957 839Chris Ling+61 419 294 346David Sia +61 430 111 223