CBRE are delighted to offer to the market 267-271 King Street, Melbourne CBD VIC for sale via National Portfolio Auction 182.

+ 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: $259,241 pa + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 25 February 2026
River Room – Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.