Investment Property
For Sale
  • Retail
  • PRIME CBD RETAIL FREEHOLD – METRES FROM BOURKE STREET MALL

    387-391 Bourke Street, Melbourne, Victoria 3000 Australia
    Investment Property
    For Sale
  • Retail
  • PRIME CBD RETAIL FREEHOLD – METRES FROM BOURKE STREET MALL

    387-391 Bourke Street, Melbourne, Victoria 3000 Australia
    Building Size
    484 SQM
    Lot Size
    345 SQM
    Building Size
    484 SQM
    Lot Size
    345 SQM

    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 CBD

    Details

    Building Size:
    484 SQM
    Sale Price:
    Negotiable
    Lot Size:
    345 SQM

    AVAILABILITIES

    LOCATION

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