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For Sale | Retail Investment Property new

PRIME CBD RETAIL FREEHOLD – METRES FROM BOURKE STREET MALL

387-391 Bourke Street
Melbourne, Victoria 3000
Australia
Inquire About This Property
Building Size:
484 SQM
Sale Price:
Negotiable
Lot Size:
345 SQM

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
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