Hotels & hospitality

Eureka Tower, L88-89, 7 Riverside Quay, Southbank

7 Riverside Quay Southbank, VIC Australia 3006
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area

Property Description

JLL Melbourne Capital Markets and Hotels & Hospitality have the exclusive privilege of offering for sale a marvelous Melbourne investment opportunity known as Levels 88-89 and Part Ground Floor, 7 Riverside Quay, Southbank - Eureka Tower.

 

This unique and secure investment presents the following key attributes:

 

  • 100% freehold interest in part ground and top two floors of the iconic Eureka Tower
  • Leased to leading national experiential tourism operator – Journey Beyond
  • 20-year triple net lease structure with fixed annual rental increases providing cash flow certainty
  • Level 88 comprises the Eureka Skydeck, one of the highest observation decks in the Southern Hemisphere
  • Level 89 is occupied by Eureka 89, a well established high-end restaurant and event space
  • With unparalleled 360 degree views, the Eureka Skydeck and Eureka 89 attract over 500,000 visitors per year*
  • Serviced by dedicated ground floor freehold retail space and two exclusive elevators for direct access
  • Multiple configuration and future use options upon lease expiry, including luxury residential and commercial office (subject to relevant approvals)
  • Ideally located within one of Australia’s world class locales – Southbank’s waterfront precinct
  • A unique chance to own a Melbourne icon perched at one of the highest points of the urban skyline



For further information, please contact the exclusive sales and marketing agents at JLL Melbourne:




Josh Rutman | 0411 27 37 46


Peter Harper | 0412 560 246


Tim Carr | 0415 767 915


Mingxuan Li 李名 | 0498 688 998




*Approx

Investment Highlights

  • An intergenerational offering - the penthouse floors of Eureka Tower
  • 20-year triple net lease with fixed rental increases to leading national operator
  • Prominent hospitality and tourism attraction of international repute with genuine future upside
Last Updated Date: 26 Apr 2021
Josh Rutman
Josh Rutman
Senior Director, Capital Markets Head of Middle Markets & Metropolitan Investments – Victoria
Tim Carr
Tim Carr
Executive - Middle Markets

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Last Updated Date: 26 Apr 2021

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