Grain Store, 517 Flinders Lane, Melbourne, Vic 3000

CBRE & Jones Real Estate are delighted to offer for sale a prominent Flinders Lane retail investment fully leased to Grain Store located at 517 Flinders Lane, Melbourne CBD.

This high-quality Melbourne CBD investment can be summarised by the following key points:

+ A prominent 217 square metre* Flinders Lane corner restaurant investment fully leased to longstanding and popular tenant ‘Grain Store’ who have been in occupation for 12 years  

+ Underpinned by a strong 10+5 year net lease with options taking the lease expiry to 2038 with fixed 3.5% annual increases generating a net income of $188,482* per annum + GST + outgoings

+ Offering a high-quality and expansive floor area supporting over 50 sitting customers as well as a separate private dining room and large commercial kitchen within the tenancy

+ Significant catchment area surrounded by high density office towers as well as 4 major hotels including Quincey Hotel, Hyatt Central, Hotel Indigo and the InterContinental all within 100m* walking distance of the property

+ High growth development area with two further hotel developments set to deliver an additional 1,041 hotel rooms into the immediate precinct with Hotel101 (766 rooms) 540 Flinders Street as well as Salter Brothers (275 rooms) 475 Flinders Lane

+ Immediate walking distance to both Collins Street & Flinders Street tram networks as well as Southern Cross Train Station within 200m* as well as 2-level 127 bay public car park within the building

For more information and to arrange an inspection, please contact the below sales agents:

CBRE:

Alex Brierley  
+61 447 974 447  
alex.brierley@cbre.com.au  

Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)  
+61 411 059 116 (手机)  
jj.heng@cbre.com (电子邮件)  
jheng1206 (微信)  

Nathan Mufale  
+61 421 224 354  
nathan.mufale@cbre.com.au  

Jones Real Estate:

Luke Peric
0432 467 771
luke.peric@jonesre.com.au 

Vincent Lam 林维钧
0424 155 798
vincent.lam@jonesre.com.au 

*Denotes Approx.