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Faits saillants de l'investissement

  • Iconic heritage building designed by Cedric H Ballantyne, built in 1939 and converted in 1994.
  • Located in Melbourne’s CBD, steps from Little Collins Street, Bourke Street Mall, and public transport.
  • Boutique complex with 41 apartments and two ground-floor retail units.
  • Features include grand foyer, lift access, and secure intercom entry.

Résumé de l'annonce

The Excelsior Building at 390 Little Collins Street is a nine-storey heritage property originally constructed in 1939 and converted into 41 residential apartments and two retail units in 1994. The building is located in Melbourne’s central business district within the Capital City Zone 1 and is managed by an owners corporation. It is situated near major retail, hospitality, and transport amenities, including Bourke Street Mall and Melbourne Central Station.

1 Unité disponible

  • Unité
  • Taille de l’unité
  • Utilisation du condo
  • Prix
  • Revenu net d’exploitation
  • -
  • 990 pi²
  • Commerce de détail
  • Sur demande
  • 60 221,54 $ CAD
Type de vente Investissement
Description
5 McKillop Street is a retail property located in Melbourne’s central business district, near Little Collins Street. The building comprises approximately 92 square meters and is zoned Capital City – Schedule 1. The property is leased to True Thai Massage under a long-term lease, generating a gross rental of $77,250 per annum and an estimated net rental of $61,275 per annum plus GST. The site is situated within a high-density commercial and retail precinct with strong pedestrian activity and public transport access.
Notes sur la vente
5 McKillop Street presents an opportunity to secure a retail investment in the heart of Melbourne’s CBD, just steps from Little Collins Street. The property is leased to an established operator, True Thai Massage, under a long-term lease, providing consistent income and stability for investors. With a gross rental of $77,250 per annum and an estimated net rental of $61,275 per annum plus GST, this asset offers an attractive return profile.
Zoned Capital City – Schedule 1, the property benefits from flexible planning provisions and strong long-term potential. Its central location ensures excellent connectivity, surrounded by Melbourne’s premier retail, dining, and commercial destinations. This property is well-suited for investors seeking a low-maintenance CBD asset, including those managing Self Managed Super Funds.
Unité Taille de l’unité Utilisation du condo Prix Revenu net d’exploitation
- 990 pi² Commerce de détail Sur demande 60 221,54 $ CAD

-

Taille de l’unité
990 pi²
Utilisation du condo
Commerce de détail
Prix
Sur demande
Revenu net d’exploitation
60 221,54 $ CAD

-

Taille de l’unité 990 pi²
Utilisation du condo Commerce de détail
Prix Sur demande
Revenu net d’exploitation 60 221,54 $ CAD
Type de vente Investissement
Description
5 McKillop Street is a retail property located in Melbourne’s central business district, near Little Collins Street. The building comprises approximately 92 square meters and is zoned Capital City – Schedule 1. The property is leased to True Thai Massage under a long-term lease, generating a gross rental of $77,250 per annum and an estimated net rental of $61,275 per annum plus GST. The site is situated within a high-density commercial and retail precinct with strong pedestrian activity and public transport access.</li></ul>
Notes sur la vente
5 McKillop Street presents an opportunity to secure a retail investment in the heart of Melbourne’s CBD, just steps from Little Collins Street. The property is leased to an established operator, True Thai Massage, under a long-term lease, providing consistent income and stability for investors. With a gross rental of $77,250 per annum and an estimated net rental of $61,275 per annum plus GST, this asset offers an attractive return profile.<br> Zoned Capital City – Schedule 1, the property benefits from flexible planning provisions and strong long-term potential. Its central location ensures excellent connectivity, surrounded by Melbourne’s premier retail, dining, and commercial destinations. This property is well-suited for investors seeking a low-maintenance CBD asset, including those managing Self Managed Super Funds.</li></ul>

Faits sur la propriété

Les caractéristiques et les équipements suivants s'appliquent à l'ensemble du bâtiment. Les détails relatifs aux unités de copropriété individuelles peuvent varier et figurent dans les informations concernant les unités ci-dessus.
Taille totale du bâtiment 15 306 pi²
Type de propriété Immeuble residentiel (Condo)
Sous-type de propriété Appartement
Classe d’immeuble B
Planchers 9
Superficie de plancher typique 1 701 pi²
Année de construction 1939
Taille du lot 0,11 AC

Commodités

Commodités du site

  • Accès contrôlé
  • Concierge
  • Système de sécurité
  • Commerce de détail sur place
  • ID d’inscription: 39997261

  • Date de mise sur le marché: 2026-04-01

  • Dernière mise à jour:

  • Adresse: 5 McKillop St, Melbourne, VIC 3000

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