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For sale

Chancery Lane, 430 Little Collins Street, Melbourne

A WORLD CLASS & AWARD WINNING RETAIL INVESTMENT IN THE HEART OF MELBOURNE’S CBD

Jones Real Estate and Colliers are delighted to present a world-class retail investment opportunity in the heart of Melbourne’s Central Business District: Chancery Lane, located at 430 Little Collins Street.

This prestigious asset is available for purchase via Public Auction on-site on Tuesday 25th June 2024 at 12.30pm.

Home to European bistro tenant, Chancery Lane, which is owned by Scott Pickett, one of Australia’s most celebrated chefs, whose growing portfolio of award-winning restaurants underscores the quality and prestige of this investment.

Key investment highlights include:

– Situated in a prime position between Collins & Bourke Streets, this property benefits from high foot traffic and exceptional visibility, making it a coveted location in Melbourne’s bustling CBD.

– Secured by a brand new 10-year lease with options, 6 month bank guarantee plus personal guarantee, returning a net rental of $629,000 per annum plus GST & Outgoings, ensuring stability and consistent income, making it an attractive prospect for all investors.

– Housed within the iconic ‘Normanby Chambers’, this ground floor space of 629sqm gross lettable area, exudes historical charm and architectural significance, offering a unique blend of heritage and modernity.

– The property features an opulent, high end restaurant ‘Chancery Lane’, with entire fit out owned by the Lessor, designed by a renowned team, providing a world-class dining experience that complements the buildings historic elegance.

We encourage you to strongly consider this rare opportunity to invest in a premium retail offering in one of Melbourne’s most desirable locations.

For further information please contact the exclusive selling agents at Jones Real Estate & Colliers.

Property Type

Commercial, Retail

Address

Chancery Lane, 430 Little Collins Street, Melbourne VIC 3000

Method of sale

Auction

Auction Date

June 25, 2024 - 12:30 pm

Floor Area

629 sqm

Occupancy

Tenanted

Price guide

$9,000,000 - $9,900,000

Map of: Chancery Lane, 430 Little Collins Street VIC 3000

Helping build, manage and negotiate strong, sustainable, market-leading investments.

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