302 Flinders Lane
Melbourne, VIC 3000

This ground floor corner retail investment at 302 Flinders Lane, Melbourne, is offered for sale via public onsite auction scheduled for Thursday 11th June at 12pm. The property is strategically positioned at the intersection of Flinders Lane and Staughton Alley, just meters from Elizabeth Street, providing an exceptional location within Melbourne's Central Business District (CBD).

The investment is anchored by a long-established restaurant tenant, offering secure income supported by strong pedestrian exposure and an outstanding CBD location. The property features a well-presented ground floor corner shop with a total building area of approximately 164 square meters.

Key attributes of this investment include:

• A well-maintained ground floor corner retail space of 164 square meters.
• Current estimated net income of approximately $86,387 per annum.
• A lease term comprising an initial 7 years plus a 5-year option, held by a longstanding and highly popular restaurant tenant.
• A recently refurbished fit-out that includes an open-plan layout, a commercial kitchen, and mezzanine private dining areas, enhancing the functionality and appeal of the space.
• Expansive corner street frontage to both Flinders Lane and Staughton Alley, maximizing visibility and accessibility.
• Proximity to Elizabeth Street, one of Melbourne CBD’s busiest thoroughfares, benefiting from continuous pedestrian traffic throughout the day and night.
• A highly regarded tenant operating seven days a week, supported by a diverse customer base including office workers, local residents, and tourists.
• Conveniently located moments from Flinders Street Station and the new Metro Tunnel access point, ensuring excellent transport connectivity.
• Surrounded by a vibrant mix of eateries and retail outlets, including well-known establishments such as Brunetti, Pidapipo, KFC, McDonald's, and Grill'd, contributing to the area's dynamic food and retail scene.

This property presents a unique opportunity to acquire a secure retail investment in a prime Melbourne CBD location with strong tenant credentials and excellent long-term income prospects.