Commercial for Sale



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179 Russell Street, MELBOURNE VIC



RARE CHINATOWN PRECINCT FREEHOLD INVESTMENT


Auction Date 12:30 PM Wednesday, 26 August 2026
Auction Location on-site

* New long-term lease to proven operator
* High profile Chinatown precinct location
* Prime investment opportunity

Di Petta Group in conjunction with Savills has the exclusive privilege of offering for sale this Chinatown precinct freehold investment with a new long-term lease.

Key details of the opportunity include:

· Quality 2-level retail freehold with NLA of 180sqm*
· Dual street fronted landholding of 102sqm* with R.O.W access via Bullen’s Lane
· Current Net Income: $165,600 per annum* + GST and Outgoings
· New 5+5-year lease to Jin Noodle Restaurant
· Substantial tenant investment with brand new fit out
· Situated in the heart of the Chinatown precinct within Melbourne's CBD’s East-End, which enjoys Melbourne’s lowest retail vacancy
· Located within the true 24-hour retail core of Melbourne
· First time offered for sale in 32 years

*Approx.

For Sale by Public Auction on Wednesday 26 August at 12:30pm on-site





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