Key highlights of the property include:

• A blue-chip retail investment, fully leased to established tenant City Mart with 3 other Melbourne CBD locations, and is secured by a 6-month bank guarantee
• Highly bankable estimated current net income of $101,150^ + GST and outgoings (less land tax) per annum with options unit 2036
• Prominent 8 m* of retail frontage directly opposite and only 60 m* to Flagstaff Gardens
• Strategically positioned adjacent to two 4-star hotels, including the Avani Jazz Corner Residences (75 rooms) and at the base of Oaks Melbourne Hotel (220 rooms)
• Next to the forthcoming IGLU $106M Student Accommodation project, which includes twin towers encompassing 443 studios and 21 twin-shared rooms, accommodating up to 485 students
• Hyper-connected with Flagstaff train station opposite the property which serves 3.4 million passengers^^ per year and over 100 trains daily*
• Surrounded by some of Melbourne’s largest infrastructure projects, including the Queen Victoria Market Redevelopment ($250 million+), and positioned directly across Flagstaff Gardens and Haileybury College City campus