480 Collins Street, Melbourne, Vic 3000

Lemon Baxter is pleased to present Shop 10, 480 Collins Street, Melbourne for sale by Expressions of Interest, offering an outstanding opportunity to secure an affordable ground floor retail investment along one of Melbourne CBD's most recognised commercial addresses.

Underpinned by a new lease to an established Asian takeaway operator, this high-yielding asset provides private investors and SMSF purchasers a rare, accessible entry point onto Collins Street with strong daily foot traffic and seamless transport connectivity.

Key investment highlights:

- Ground floor retail premises in the heart of the CBD
- $60,000 p.a. net income
- New 3+3+3 year lease offering up to 9 years total potential tenure
- Annual CPI rental increases
- Attractive 6%+ net return
- Established operating food premises
- Limited future owner-occupier flexibility, subject to lease terms

For Sale by Expressions of Interest closing Wednesday, 4th November 2026 at 2:00pm (AEDT).

For more information or to arrange an inspection, contact the exclusively appointed agents.