PRIME RETAIL CORE FREEHOLD – UNLOCK VALUE-ADD AND FUTURE DEVELOPMENT POTENTIAL
440 Elizabeth Street, Melbourne, Victoria 3000 Australia
OVERVIEW
- 13,452sqm* of net lettable area across 10-levels with premium ground floor retail tenancies.
- Enormous 2,044sqm* landholding with 51m* of street exposure allowing endless possibilities for value-add, refurbishment or future development.
- Situated within the Elizabeth Street retail and residential core hub drawing over 22 million visitors annually.
- Short-term WALE offering pathways to vacant possession and extensive development upside.
- Short walk to Melbourne Central, world-class universities and the Queen Victoria Market featuring of the world’s best retail offerings.
- Within the epicentre of the world’s most liveable city - evolving CBD landscape with future development still ongoing.
- Surrounding precinct generates over $1 billion in retail sales complemented by 24/7 hospitality.
- An opportunity to create Australia’s most exclusive address – only site within the block with frontage over 50m*
- A once-in-a-lifetime opportunity to stand amongst giants, one of the most densely populated locations.
- Premium uplift and value-add potential with future development opportunity to redefine the CBD’s skyline.
- Holding income for increased stability whilst allowing for future planning.
Cushman & Wakefield Melbco Middle Markets is excited to present The Pinnacle (440 Elizabeth Street, Melbourne) for sale via International Expressions of Interest closing Thursday, 29 August at 12pm (AEST)
*Approximate
Daniel Wolman
+61 412 957 839
Oliver Hay
+61 419 528 540
Leon Ma 马海翔
+61 417 070 725
- Melbourne CBDDetails
- Building Size:
- 13,452 SQM
- Sale Price:
- Negotiable
- Lot Size:
- 2,044 SQM
AVAILABILITIES