LEVEL 1/272-282 Lonsdale StreetMelbourne VIC 3000
Property Details for Level 1/272-282 Lonsdale St, Melbourne
Last Listing description (November 2022)
JLL Melbourne CBD Sales and Colliers City Sales have the exclusive privilege of offering for sale a once in a generation property located at 272-282 Lonsdale Street, Melbourne.
Key details of the opportunity include:
A rare freehold comprising 4 ground floor shops, a first-floor restaurant and rooftop signage
Absolute prime CBD landholding with almost 20 metres of Lonsdale Street frontage and additional rear access from Sniders Lane
Directly adjacent to Melbourne Central Shopping Centre & Station and opposite Emporium Melbourne
Existing net income of $1,002,565 per annum* with significant rental growth potential
Unparalleled central CBD location in the heart of the Retail Core between Swanston & Elizabeth Streets
One of the highest foot traffic pedestrian thoroughfares in Australia
Exceptional development potential within a proven location for successful vertical retail and hospitality offerings
Surrounded by Melbourne's best retail, office, apartment, hotel and student accommodation developments
Ideal lease expiry profile providing for vacant possession in 2027
*Approx.
EOI CLOSED NOW - OFFERS UNDER REVIEW
To obtain further information or to arrange an inspection, please contact the exclusive selling agents
JLL Melbourne
Josh Rutman | 0411 27 37 46
Nick Peden | 0402 011 266
MingXuan Li | 0498 688 998
Colliers International
Oliver Hay | 0419 528 540
Daniel Wolman | 0412 957 839
Matt Stagg | 0409 411 300
Leon Ma | 0417 070 725
Trophy CBD Retail Core Opportunity
Invest / Develop / Occupy
Directly adjoining Melbourne Central
Property History for Level 1/272-282 Lonsdale St, Melbourne, VIC 3000
- 18 Oct 2022Sold for $32,610,000
- 09 Sep 2022Listed for Sale Contact the JLL or Colliers Agents
- 26 Oct 2020Listed for Rent - Price not available
Recent sales nearby
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About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.
Melbourne has 64,345 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:
- The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
- Houses have a median rent of $700 while Units have a median rent of $675.
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