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Collins Corner, 620 Collins Street, Melbourne

A Melbourne CBD supermarket & retail investment with upside
  • Floor Area:
    639 m2
  • Whole or Part of Building:
    Part of Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $892,000.00 + GST
  • Frontage:
    70 m

OVERVIEW

  • Super prime CBD retail corner comprising strong trading supermarket and several complimentary retail shops
  • Boasting a triple street frontage with over 70 metres* of exposure to Collins Street & Spencer Street
  • Highly bankable and total base rent of $892,000 per annum* secured by 8 thriving retail tenancies including IGA Supermarket (Metcash) and Gloria Jean’s Coffee
  • Remarkable value-add opportunities via tenant repositioning, activation of additional tenancies & significant rental growth
  • An opportunity to own an entire city corner within the fastest growing precinct of the Melbourne CBD

 

LOCATION

  • Situated on one of Melbourne’s most highly trafficked corners directly opposite Southern Cross Regional Train Station and Shopping Centre – 46,000 commuters daily*
  • Surrounded by the city’s most significant residential, hotel and education developments with over $3 billion of private investment including the new Mandarin Oriental Hotel within 50 metres*

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