PRIME CBD RETAIL FREEHOLD – METRES FROM BOURKE STREET MALL
387-391 Bourke Street, Melbourne, Victoria 3000 Australia
OVERVIEW
Cushman & Wakefield Melbco City Sales are delighted to present for sale 387-391 Bourke Street, Melbourne
- A world-class Bourke Street Midtown CBD location. Positioned 80m* from globally renowned Bourke Street Mall and opposite Hardware Lane Dining Precinct, a coveted location in the epicenter of the Melbourne CBD.
- Rare two-level freehold building of 484sqm* GFA underpinned by a substantial land area of 345sqm*.
- Double fronted building with substantial 12.27m* frontage in a 7-day trade precinct exposed to office workers, retail shoppers, tourists, diners, students, and residents.
- Partially leased with a configuration of two excellent ground floor tenancies and a whole floor level 1 tenancy with opportunity to maximize your rental income stream or secure a single flagship occupier.
- Surrounded by corporate giants, situated between three of Melbourne’s preeminent corporate office towers, 385 Bourke Street (63,000sqm*), NAB Midtown HQ, 405 Bourke Street (65,000sqm*), and Cbus’ new $1bn project and upcoming CBA Midtown HQ, 435 Bourke Street.
- Flexible and sought-after Capital City 1 Zoning (CCZ1) permitting retail, office, and medical uses. Signage, additional levels, or a development project for education or accommodation uses can also be explored (STCA).
- Extremely rare and tightly held. One of only two privately owned freeholds on this entire southern Bourke Street block. Melbourne is the most populous and livable city in Australia.
- Owned by one private Melbourne family for almost two decades – an opportunity 17 years in the making.
For Sale by International Expression of Interest Friday 22 March 2024 at 12.30pm AEDT
For more information, please contact Cushman & Wakefield Melbco City Sales as the exclusive selling agent:
Melbco City Sales
Daniel Wolman | +61 412 957 839
Anthony Kirwan | +61 431 952 430
Oliver Hay | +61 419 528 540
Asia Capital Services
Leon Ma 马海翔 | +61 417 070 725
*Approximate
STCA – Subject to Council Approval
- Melbourne CBDDetails
- Building Size:
- 484 SQM
- Sale Price:
- Negotiable
- Lot Size:
- 345 SQM
AVAILABILITIES