OVERVIEW

A Land Rich CBD Retail Centre with Enormous Upside

Cushman & Wakefield, in conjunction with JLL, is excited to present to market a significant value-add and redevelopment opportunity, benefitting from a highly strategic CBD location – just steps away from Bourke Street Mall and in the heart of Chinatown.

- 11,845sqm* of GLA across 6 levels of retail and commercial tenancies.

- Significant 3,157 sqm* landholding, one of the largest within the retail core with 58m* of dual street frontage allowing endless possibilities for value-add, refurbishment or future development^. 

- Situated metres from Bourke Street Mall – The fastest growing catchment in Australia.

- Fully leased net income circa $6m* to a diverse tenancy mix. Anchored by JB Hi-Fi, Victoria Police and Tim Ho Wan.

- Within the epicenter of one of the world’s most liveable cities.

- Surrounding precinct generates over $1 billion in retail sales complemented by 24/7 hospitality and foot traffic.

- An opportunity to own one of the largest landholdings within the retail core. 

- Premium uplift and value-add potential with future development opportunities as well as enormous income growth.

- True intergenerational freehold retail asset.

*Approximate.

^STCA – Subject to Council Approval.

206 Bourke St. Plaza, Melbourne is being offered For Sale via International Expressions of Interest closing Wednesday 2 April at 12pm (AEDT). For more information, please contact the exclusive selling agents below. 

Cushman & Wakefield Middle Markets

Oliver Hay 

+61 419 528 540

Daniel Wolman 

+61 412 957 839

Leon Ma 马海翔

+61 417 070 725 

JLL 

Stuart Taylor

+61 428 000 000 

Josh Rutman

+61 411 273 746

MingXuan Li 李名轩

+61 498 688 998.