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FOR SALE VIA PUBLIC ON-SITE AUCTION FRIDAY THE 18TH OCTOBER 2019 AT 12:30PM
S O U T H B A N K P R O M E N A D E L O C A T I O N
MOMENTS FROM
TENANCY 1R, 3
Expansion over dining areas
10.7m*
TWO LEVEL RETAIL INVESTMENT
LEASED TO GLOBAL HOSPITALITY BRAND
Supported by major public transport in Queens Bridge Street tram (40m*)
Walking distance to the Crown Casino (80m*)
One of 870 restaurants across 60 cities
- Location -
Located in one of Melbourne’s most tightly held retail
locations, a short walking distance to the Melbourne CBD, Crown Casino and
within Southbank dining and entertainment precinct
- Size -
Situated at the base of the mixed use office and retail
complex ‘Freshwater Place’, this two level retail premises
comprises of 517sqm* plus a spillover area of 95sqm*
(occupied via leasehold arrangement)
- Tenant -
Leased to global restaurant chain, TGI Fridays with a
passing income of $367,981 per annum*. Founded in 1965, TGI
Fridays boasts 870 restaurants throughout 60 countries
- People -
Positioned within Melbourne’s fastest growing and most densely populated suburb.
More than 18,000 residents, 45,000 workers and 80,000
visitors every day.
- Benefits -
Set to benefit from nearby world class development
projects including ‘Australia 108’ and ‘Southbank by Beulah’
driving capital and rental values well into the future
- Transport -
Supported by a myriad of major public transportation in the Queens Bridge Street tram
network and Flinders Street Train Station both within
walking distance
EXCLUSIVE SOUTHBANK PROMENADE LOCATION, MOMENTS FROM CROWN CASINO & THE MELBOURNE CBD
FLINDERS STREET RAILWAY STATION
SOUTHBANK DINING PRECINCT
ARTS PRECINCT
ROYAL BOTANIC GARDENS
FLINDERS STREET
WILLIAM STREET
KING STREET
KINGS WAY >
QUEENS BRIDGE STREET
CITY ROADPOWER STREET
FOR MORE INFORMATION PLEASE CONTACT THE EXCLUSIVE SALES AND MARKETING AGENTS:
1300 666 888 | CBREMELBOURNE.COM.AU
*Approximately. The information in this document is general in nature and is a guide only. It does not take into account your individual circumstances. Before acting you should check the accuracy of the information and seek your own independent financial and legal advice. The information must not be relied upon to make any investment decisions. The principal and its agent will not be liable for your failure to verify the information or seek appropriate advice. **Source: Real Estate Institute of Victoria
NATHAN MUFALE+61 416 789 218 [email protected]
JULIAN WHITE+61 422 764 137 [email protected]
LEON MA+61 417 070 725 [email protected]
ALEX BRIERLEY+61 447 974 [email protected]
One of Melbourne’s most tightly held retail locations
TENANCY 1R, 3