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Refurbish, Repositions, Invest, Occupy
Tiga Commercial is pleased to present For Sale, 26-32 KingStreet, Melbourne, a versatile mixed-use property located in the heart ofMelbourne’s thriving entertainment and business district.
- Versatile 5-level mixed-use retail and office building including basement, offering a generous building area of 1,115 sqm*.
- Prime King Street frontage and exposure of 16.7m* with CBD land holding of 304sqm*, with potential for future development (STCA), reposition or refurbishment.
- Partially leased building with two (2) ground floor retail tenancies including 7-Eleven with current passing rental of $265,876 p.a.; Upper levels are partially tenanted, with opportunity for major rental upside and value-add strategies.
- Rare 24-hour liquor license on premises for a capacity of 222 patrons, an exceptional opportunity for hospitality or entertainment operators looking to create a world-class entertainment experience.
- Situated in Melbourne’s western core and vibrant 24-hour entertainment precinct, the property is well-serviced by public transport, with direct tram routes from King Street, Flinders Street and benefits from significant foot traffic.
- Just moments from Flinders Street & SouthernCross Stations, this location is perfectly positioned for convenient public transport connections across Melbourne and beyond.
- Situated in Capital City Zone 1 (CC1Z), 26-32 King Street caters to a range of buyer profiles including investors, occupiers, land bankers, and developers.
For Sale via Expression of Interest (EOI) Campaign closing Wednesday, 4th December at 12.00pm, unless sold prior.