Prized Melbourne CBD Freehold | Leased to Established and Successful Tenants

Description

CBRE are delighted to offer to the market 267-271 King Street, Melbourne CBD VIC for sale via Immediate Private Sale.

+ A prominent freestanding retail investment in one of Melbourne’s most densely populated and rapidly evolving central business districts, offering a perfect blend of secure “holding income’ and future development upside.
+ Fully leased to three established tenants (Restaurant, Tattoo Studio, and Office), delivering diversified income streams.
+ Fixed annual rental increases of 3.5% and 4.0%, ensuring consistent compounding growth.
+ Prime 212.5 sqm* freehold site featuring a 344 sqm* two-level building with an impressive 11.4m frontage* to King Street and valuable rear access via Altson Lane.
+ Positioned along a bustling 24/7 corridor with 43,000 vehicles passing daily*, benefiting from Melbourne’s premier hospitality, nightlife, and entertainment activity.
+ The most favourable zoning available (Capital City Zone), providing maximum flexibility for a variety of uses and significant long-term redevelopment potential (STCA).
+ Situated in the CBD’s most densely populated pocket, surrounded by high-rise residential towers and premium office buildings, with the local population forecast to double by 2043.
+ Steps from Melbourne’s core infrastructure, including Southern Cross Station (400m – 78 million annual patrons) *, Flagstaff Gardens (350m*), and Queen Victoria Market (500m* – 10 million annual visitors), ensuring permanent tenant demand and foot traffic.
+ Combined Net Rent: $226,335 pa + GST (As at May 2026)

To be sold by Immediate Private Sale

Please contact the exclusively appointed sales team for more information.

Enquire

Contact agents
Zomart He 何梓轩
0488 220 830
Rick Jacobson Senior Negotiator
0413 830 083
Alex Brierley Associate Director
0447 974 447
Jing Jun Heng
+61 411 059 116
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Melbourne, VIC

267-271 King Street

For Sale

This property is part of Portfolio 182

Price: Contact Agent

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