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166 Russell Street, Melbourne

UNPARALLELED 6-LEVEL FREESTANDING CORNER INVESTMENT WITH DIVERSIFIED INCOME STREAM
  • Floor Area:
    1,866 m2
  • Tenancy:
    Tenanted Investment
  • Income:
    $2,227,165.00 + GST
  • Frontage:
    51 m

OVERVIEW

  • A freehold CBD corner building comprising a unique mix of retail, office and residential accommodation
  • Total net lettable area 1,866sqm* over six (6) levels including a spectacular double storey residential penthouse and expansive rooftop terrace overlooking Melbourne’s CBD
  • Over 51 metres* of prime street frontage to both Queen & Little Lonsdale Streets offering flexibility of floor plate configuration and opportunity for major rental uplift across all tenancies
  • Endless opportunities for a variety of short and long-term repositioning strategies including conversion, sell down or a floor-by-floor leasing strategy

LOCATION

  • Coveted corner position at the gateway of the city’s Legal Precinct and in immediate proximity to Melbourne’s Queen Victoria Fresh Food Market
  • Direct access to Elizabeth Street tram network, Melbourne Central Train Station & Shopping Centre, Hardware Street hospitality precinct and Guildford Lane historic centre
  • Set to benefit from over $3 billion of landmark residential, hotel, office, student accommodation & mixed-use developments within the immediate precinct

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