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Sold on 9 Sep 2020

384 Bourke Street Melbourne VIC 3000

  • Shop & Retail
  • 1,164 m²
  • Sold

A TIMELESS BOURKE STREET RETAIL CORE FREEHOLD

  • New 10 year lease
  • Major 471sqm* landholding
  • Metres from Bourke Street Mall

- Substantial 2-level retail and hospitality building of 1164.5sqm* with further development potential (STCA)

- Dual fronted landholding of 471sqm* with 10m* frontage to Bourke Street and access/retail activation potential via rear Warburton Lane

- New 10 year lease with net income of $586,275p.a* plus 3.25% annual increases to major food and beverage hospitality tenant

- Prominent Bourke Street location only metres from Melbourne's famed Bourke Street shopping mall amongst major retailers Myer, David Jones, Zara and H&M

- Located directly opposite National Australia Bank new global headquarters currently under construction and set to house 66,000sqm* of A Grade office space over 30 levels

- Supported by a myriad of major public transportation in the Bourke Street tram network and Melbourne Central Train Station

*Approx

Mark Wizel
+61 411 694 756

Julian White
+61 422 764 137

Nathan Mufale
+61 416 789 218

Chao Zhang
+61 411 625 068

Property Highlights

Property ID2015783222
Date Sold9 Sep 2020
Floor Area1,164 m²
Land Area471 m²
EnergyAsk Agent
ParkingAsk Agent
Building TypeWhole building
Category
Last updated  9 Sep 2020
Map for 384 Bourke Street Melbourne VIC 3000
Map for 384 Bourke Street Melbourne VIC 3000384 Bourke Street Melbourne VIC 3000
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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