Colliers are pleased to offer for sale 524 Flinders Street (corner Katherine & Mercantile Place) – a boutique CBD commercial office freehold with the ultimate flexibility. Offered for the first time in 41 years, the property offers the chance to secure a prominent CBD freehold with modern office accommodation & short-term holding income suiting the full spectrum of investors, occupiers and future developers.

The property offers the following key features:

• Prominent 2-storey CBD freehold with defining brick exterior

• Modern internal event and office space of 635sqm* with notable architectural features such as polished concrete floors and exposed timber

• Underpinned by 390sqm* land parcel with triple frontage of 55+ metres (corner Flinders, Katherine & Mercantile)

• Significant short-term holding income

• A flexible CBD asset primed for investment, occupation, value-add or redevelopment

• Future uses include office, hospitality, hotel, education, residential or any mixed-use combination^

• A highly trafficked location at the base of the CBD with direct public transport connectivity via Flinders Street trams

• Set to benefit from Sandhill Road’s major redevelopment of the Waterside Hotel on the corner of Flinders & King Street – a planned $27 million* 6-level hospitality venue

*Approximate ^STCA

EOI CLOSED - OFFERS UNDER REVIEW

For more information, please get in touch with the exclusively appointed agents from Colliers Investment Services:

Matt Stagg | 0409 411 300

Nick Garoni | 0403 409 004

Ted Dwyer | 0411 312 165

Yvonne Zhou | 0415 100 831

Remember to mention you found this property on DevelopmentReady