Landmark heritage building exceptionally located on the corner of Bourke and William Streets in the heart of the Melbourne CBD. 520 Bourke Street boasts high quality Victorian architecture and rich historical significance with a substantial NLA of 5,717sqm*.
This is a prime opportunity for an astute investor or owner occupier to reposition this asset and command an iconic presence in the ever flourishing CBD precinct.
Commanding building exposure at the intersection of Bourke and William Streets Landmark six (6) level CBD freehold Total Net Lettable Area: 5,717 sqm* Rare island site of 1,357 sqm* Over 75 m frontage to Bourke Street and William Street Surrounded by many of Melbourne's elite corporate office towers including the St James development, 140 William Street, CBW Melbourne, National Bank House, RACV Building, 570 Bourke Street and Bourke Place Significant value add opportunities or future conversion (STCA) Potential Fully Let Net Income: $1,919,300 p.a.* NABERS Energy Rating exempt
The property is to be sold via Expressions of Interest closing 4:00pm (AEDST) on Wednesday, 14 October 2015.
For all enquires, please call one of the exclusive Knight Frank agents today.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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