Cushman & Wakefield Melbco Strata Markets are pleased to present for sale Basement, 58 Franklin Street, a rare lower ground property in the Melbourne CBD boasting the following key attributes:

- Positioned in the heart of Melbourne CBD’s bustling northern precinct connecting the most notable thoroughfares of Elizabeth Street and Swanston Street.

- Total area of 250sqm* and offered for sale with vacant possession to suit businesses including hospitality, medical, religious, office and retail businesses (STCA).

- Self-contained premises comprising of a valuable 9B occupancy permit, large theatre, meeting room, storage facilities, fully equipped kitchen as well as separate male, female and DDA-compliant bathrooms.

- Melbourne CBD has a population of 54,000* people with a median age of 28 and largely comprising of local and international students as well as young couples. (ABS)

- 58 Franklin Street is located at the core of Melbourne’s population density and is surrounded by RMIT, University of Melbourne, several high-density student accommodation buildings, and the Elizabeth Street hospitality precinct, known as the ‘Second Chinatown’.

- Extremely well connected to public transport, situated opposite the upcoming Town Hall Train Station as well as being moments from the immediate tram routes of Elizabeth Street, Swanston Street and Victoria Street.


For Sale by Expressions of Interests closing on Wednesday 5 June 2024 at 12pm (AEST).

For further information, please contact Cushman & Wakefield Melbco Strata Markets as the exclusive selling agent:

Jeff Ha 石军豪 | +61 401 145 1...
Anthony Kirwan | +61 431 952 4...
George Davies| +61 421 799 4...