Nick Rathgeber, Leigh Melbourne, Daniel Wolman, Oliver Hay and Leon Ma of Cushman & Wakefield, market a prime office building at 525 Flinders Street Melbourne for sale on behalf of AFIAA.
A prime office building located at the corner of King and Flinders Street in Melbourne is ready to hit the market, offering investors a rare opportunity to acquire a modern CBD asset with considerable upgrade potential.
With its 10,271 sqm* of net lettable area across nine floors, 525 Flinders Street is an ideal prospect for those looking to capitalise on Melbourne's commercial real estate recovery and long-term growth potential. The building boasts expansive views of the Yarra River, Southbank, and the city skyline, making it an attractive option for businesses seeking a prestigious location.
Currently with a short-term WALE, the asset offers an opportunity for an owner-occupier or investor to invest in capital improvements before leasing it out to new tenants, making it a blank canvas with room for value-adding upgrades.
Strategically positioned in the western CBD grid, the building is close to the Southbank precinct, Crown Casino, Southern Cross Station and major tram routes connecting to Melbourne’s bustling business and entertainment districts. It also sits at the heart of several transformational projects including the CBD Waterside Hotel redevelopment and Greenline Project that are both set to significantly uplift Melbourne’s CBD.
525 Flinders Street is for sale through Nick Rathgeber, Leigh Melbourne, Daniel Wolman, Oliver Hay and Leon Ma of Cushman & Wakefield, on behalf of AFIAA, an International Real Estate Investment foundation.
Daniel Wolman of Cushman & Wakefield noted, "This is a unique opportunity to secure a high profile asset in Melbourne’s CBD, with excellent prospects for capital growth. The building's views and location are unmatched, and with some strategic investment into upgrade initiatives, it can become one of the city's standout office headquarters."
Oliver Hay of Cushman & Wakefield, added, "With its flexible floor plates and panoramic views, 525 Flinders Street offers the perfect blend of potential and prestige. This corner site is a rare find in Melbourne's CBD and presents a strong opportunity for buyers to elevate it to a premium commercial asset."
The building is set to attract significant interest from investors and businesses alike, with its potential for future capital growth in a highly sought-after CBD location.
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