Skip to main content
SearchBack to results

Shop 3, 48 Bourke Street Melbourne VIC 3000

  • Retail
  • 80 m²
  • Expressions of Interest

Rare CBD Retail Investment in Melbourne's East End

Shop 3, 48 Bourke Street presents an opportunity to acquire a ground floor retail investment in the famed and sought-after Bourke Hill Precinct. Rarely do such prime retail assets of this nature come to market.

Further attributes include:

- Prominent ground floor retail investment within a corner mixed use complex including 8 retail shops and 28 residents
- Prime position situated on the corner of Bourke and Liverpool Streets with close connection to Chinatown adding to the extensive pedestrian traffic
- Expansive tenancy of approximately 80m² suiting a variety of uses
- Fully leased to massage therapy operator ‘Golden Star Massage’ on a ten (10) year lease which commenced May 2012 with two (2) further terms of five (5) years each
- Future rental growth with fixed annual increases of 3.5%
- Annual Net Income of $73,755* plus GST & Outgoings (as at 1 May 2019)
- Perfect entry level CBD retail investment suited to SMSF and astute commercial investors
- Surrounded by Melbourne CBD’s most lively and exciting laneways which provide exceptional exposure to some of our city’s most highly regarded cafés, restaurants and bars including Punch Lane, Longrain, Grossi Florentino, Spring Street Grocer and Siglo
- Convenient location benefiting from excellent access to public transport including Parliament Train Station and major tram routes along Collins and Spring Streets

* Approximate

For Sale by International Expressions of Interest (EOI) Closing Friday 29th March 2019 at 12.00pm AEDT

To arrange an inspection or for more information please contact the Colliers International Melbourne City Sales team as the exclusive selling agents:

Chris Ling +61 419 294 346

Anthony Kirwan +61 431 952 430

David Sia 谢忠佑 +61 430 111 223

Oliver Hay +61 419 528 540

This property is proudly marketed by the Melbourne City Sales team (MCS).

AddressShop 3, 48 Bourke Street Melbourne VIC 3000
ZoningCCZ1 - Capitcal City Zone (CCZ) Schedule 1
CouncilMELBOURNE CITY
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
powered byArchistar logo

EXPRESSION OF INTEREST

Closing date and time29/03/2019 12:00
Recipient nameChris Ling
Delivery addressLevel 30, 367 Collins Street, Melbourne

Property Highlights

Property ID2014980809
Floor Area80 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  4 Feb 2020
Map for Shop 3, 48 Bourke Street Melbourne VIC 3000
Map for Shop 3, 48 Bourke Street Melbourne VIC 3000Shop 3, 48 Bourke Street Melbourne VIC 3000
Colliers International Melbourne
Level 30/367 Collins St Melbourne 3004 VIC 3004

More Retail for Sale in Melbourne VIC

299 Bourke Street Melbourne VIC 3000
For SaleINTERNATIONAL EXPRESSION OF INTEREST CLOSED
299 bourke street,melbourne, VIC 3000
11,814 m²
Retail
Melbourne VIC 3000
For SaleContact Agent
melbourne, VIC 3000
1 m²
Retail
277 Flinders Lane Melbourne VIC 3000
For SaleFOR SALE
277 flinders lane,melbourne, VIC 3000
3,814 m²
Retail
Contact Agent