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14 Corrs Lane 4,951 SF 100% Leased Retail Building Melbourne, VIC 3000 For Sale



Investment Highlights
- Located within Melbourne’s Chinatown precinct, commanding a strategic laneway position.
- Surrounded by exceptional retail, cultural, and transport amenities, providing sustained pedestrian traffic.
- Zoned for hospitality, premium retail, creative office, or future residential (STCA).
Executive Summary
14 Corrs Lane delivers an exceptional opportunity to secure a CBD freehold in the highly coveted Chinatown precinct, a tightly held destination in Melbourne’s cultural and retail landscape. Comprising a substantial three-level freehold building totaling approximately 460 m² on a 162 m² site, this property presents outstanding flexibility for repositioning and future value appreciation.
The asset features a 9.8-metre frontage to Corrs Lane, a key pedestrian thoroughfare leading to Lonsdale Street, and currently produces holding income of $133,127 per annum, ensuring immediate cash flow while planning future enhancements. Zoning and structural format enable potential for diverse adaptive uses, including hospitality, boutique retail, creative office, or residential conversion (STCA).
Anchored in one of Melbourne’s most vibrant activity hubs with iconic laneway visibility, 14 Corrs Lane also benefits from frontage activation and signage potential, placing it amidst a densely patronized locale known for premier dining, luxury retail, and high commercial occupancy. Offered with a 1am Liquor Licence and strong local and tourist-driven trade, it represents a trophy-grade acquisition for investors or owner-occupiers seeking long-term upside in the heart of the CBD.
The asset features a 9.8-metre frontage to Corrs Lane, a key pedestrian thoroughfare leading to Lonsdale Street, and currently produces holding income of $133,127 per annum, ensuring immediate cash flow while planning future enhancements. Zoning and structural format enable potential for diverse adaptive uses, including hospitality, boutique retail, creative office, or residential conversion (STCA).
Anchored in one of Melbourne’s most vibrant activity hubs with iconic laneway visibility, 14 Corrs Lane also benefits from frontage activation and signage potential, placing it amidst a densely patronized locale known for premier dining, luxury retail, and high commercial occupancy. Offered with a 1am Liquor Licence and strong local and tourist-driven trade, it represents a trophy-grade acquisition for investors or owner-occupiers seeking long-term upside in the heart of the CBD.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,951 SF
Building Class
C
NOI
$130,838 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.84
Lot Size
0.04 AC
Frontage
32’ on Corrs Lane
Amenities
- Signage
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
14 Corrs Lane
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