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Lot 2/235-251 Bourke Street
Melbourne VIC 3000
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Sold on 12 Apr 2021

Lot 2/235-251 Bourke Street Melbourne VIC 3000

  • Offices
  • 23,014 m²
  • Sold

A RARE, HIGH YIELDING MELBOURNE INVESTMENT OFFERING 5 YEARS OF SECURE INCOME

  • 100% LEASED TO RMIT UNIVERSITY
  • $32M* IN CAPEX INVESTED IN UPGRADES
  • UNPRECEDENTED VALUE-ADD POTENTIAL

Featuring a prominent office tower of 23,014 sqm* situated on one of Melbourne's most sought after
commercial thoroughfares

14 levels of commercial office accommodation with floor plates averaging 1,670 sqm

Securely leased for 5 years to the Royal Melbourne Institute of Technology (RMIT) - one of Australia's
leading education institutions

Commencing rental - $8,044,000 per annum net*

Approximately $32m invested into in mechanical and building refurbishments over the past 5 years

Offering scope for significant future rent reversion within a rapidly evolving precinct of Melbourne

Located within close proximity to the new Town Hall Train Station - being delivered in 2025*

A 100% INTEREST LOT 2, 235-251 BOURKE STREET, MELBOURNE IS OFFERED FOR SALE BY INTERNATIONAL EXPRESSIONS OF INTEREST CLOSING 3:00 PM (AEST) ON WEDNESDAY 26TH AUGUST.

For further information or to request an inspection, please direct enquiries to the sales and marketing agents below.

CBRE:
Kiran Pillai
+61 438 381 172

Scott McGlone
+61 419 468 871

GROSS WADDELL:
Danny Clark
+61 448 066 889

Raoul Salter
+61 418 335 432

Property Highlights

Date Sold12 Apr 2021
Floor Area23,014 m²
Land AreaAsk Agent
EnergyAsk Agent
ParkingOn site parking available
Property ID2016392467
Category
Last updated  8 Jun 2021
Map for Lot 2/235-251 Bourke Street Melbourne VIC 3000

Property Highlights

Date Sold12 Apr 2021
Floor Area23,014 m²
Land AreaAsk Agent
EnergyAsk Agent
ParkingOn site parking available
Property ID2016392467
Category
Last updated  8 Jun 2021

Co-Agents

Scott McGlone
Scott McGlone
CBRE
Call
+61 419 468 871
Danny Clark
Danny Clark
Gross Waddell ICR Pty Ltd
Call
0448 066 889
Raoul Salter
Raoul Salter
Gross Waddell ICR Pty Ltd
Call
0418 335 432

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