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206 Bourke Street
Melbourne VIC 3000
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Sold on 22 Dec 2015

206 Bourke Street Melbourne VIC 3000

  • Shop & Retail
  • 11,969 m²
  • Sold

One Of Melbourne CBD's Most Iconic Retail Investment Properties With Endless Future Possibilities

  • Major CBD asset
  • Huge land area of 3,140sq m
  • Adjacent to Chinatown

Savills and CBRE have the pleasure to present the opportunity to acquire a major Melbourne CBD landmark of exceptional quality, occupying a premium location within Melbourne's thriving Central Business District 206 Bourke Street, Melbourne.

- Landmark Melbourne CBD retail and office complex, providing strong cash-flow from a diverse mix of in-demand tenants
- Major Melbourne CBD land holding of 3,140 square metres*
- Occupying a prominent city freehold allotment and providing a key link from Bourke Street to Melbourne's vibrant Chinatown, centrally located within Melbourne's busiest 24-hour retail precinct
- Six levels of modern and high quality retail and office accommodation of 11,969 square metres* providing significant depreciation benefits
- Exceptional tenant profile including a mix of ASX-listed entities, several banks, international and national tenants, leading restaurants including Tim Ho Wan, a Michelin star restaurant
- One of Melbourne's most significant and strategic investment properties with endless future possibilities
- Potential for further value add given approved planning permit for a hotel, along with additional tenancies above the existing structure
- Weighted average lease expiry of 4.25 years (by income)*
- Fully Leased Net Income of $7,135,263*

The property is being offered for sale by Expressions of Interest closing Wednesday 18 November at 2pm AEDT.

For further information, please contact:

Savills:
Julian Heatherich 0412 995 655
Paul Craig 0422 235 519
Ben Azar 0416 282 292

CBRE:
Mark Wizel 0411 694 756
Joshua Rutman 0411 273 746
Justin Dowers 0438 098 805

Property Highlights

Date Sold22 Dec 2015
Floor Area11,969 m²
Land Area3,140 m²
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Property ID2012339376
Category
Last updated  1 Oct 2021
Map for 206 Bourke Street Melbourne VIC 3000

Property Highlights

Date Sold22 Dec 2015
Floor Area11,969 m²
Land Area3,140 m²
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Property ID2012339376
Category
Last updated  1 Oct 2021

Co-Agents

Mark Wizel
_CB Richard Ellis
Call
0411694756
Josh Rutman
_CB Richard Ellis
Call
0411273746

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