Added 4 days ago
470 Bourke Street & 449 Little Bourke Street,
Melbourne, VIC 3000
Offices • Development Sites & Land • Shops & Retail
Added 4 days ago
Price information
Sale - Expression of Interest closing Wed 2 Oct
Contact the JLL Melbourne CBD Sales Agents
Key property information
Land area
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$1,800,000
Number of Tenants
1 Tenant
Expression of Interest
Private inspections
to arrange a private inspection.
JLL - Melbourne
Level 33, 101 Collins StreetMELBOURNE, VIC 3000
470 Bourke Street & 449 Little Bourke Street
Melbourne, VIC 3000
Map of 470 Bourke Street & 449 Little Bourke Street
Train stations within 5 km of 470 Bourke Street & 449 Little Bourke Street, Melbourne, VIC 3000 Distance Flagstaff Station 462 m 7-Flagstaff Railway Station/William St (Melbourne City) 498 m Melbourne Central Station 581 m NSW Train Link 708 m Southern Cross Station 725 m POWERED BY HERE ©Tram stops within 5 km of 470 Bourke Street & 449 Little Bourke Street, Melbourne, VIC 3000 Distance 4-Queen St/Bourke St (Melbourne City) 47 m 5-Bourke St/William St (Melbourne City) 175 m 3-William St/Collins St (Melbourne City) 227 m 3-William St/Bourke St (Melbourne City) 236 m 4-Collins St/William St (Melbourne City) 282 m POWERED BY HERE ©Bus stops within 5 km of 470 Bourke Street & 449 Little Bourke Street, Melbourne, VIC 3000 Distance Bourke St/Queen St (Melbourne City) 72 m Little Bourke St/Queen St (Melbourne City) 143 m Queen St/Lonsdale St (Melbourne City) 162 m Little Collins Street 168 m Lonsdale StQueen St 182 m POWERED BY HERE ©
POWERED BY HERE ©
FULLY LEASED MELBOURNE CBD FREEHOLD INVESTMENT
- Modern building with adjoining land
- Fully leased building
- Entire lease term rental paid up-front
The JLL Melbourne CBD Sales team has the exclusive privilege of offering for sale this strategically located freehold in the heart of the Melbourne CBD.
Key details of the opportunity include:
+ A modern 9-level office building of 3,339sqm*
+ Adjoining land utilised for car parking for 16 vehicles
+ Total land area of 916sqm* with 3 street frontages
+ 3+3 year lease to Australian Technical & Management College (ATMC)
+ Current Net Income: $1,800,000 per annum*
+ Entire lease term rental payable at settlement ($5.4m*)
+ Extremely well-presented building with ~$4.3 million spent on upgrades in recent years
+ The rear land has additional planning approval for an 11-level office building
+ An ideal Central CBD location within a precinct that is undergoing major transformation with many new projects completed and in progress, underpinning the future growth potential
*Approx.
For Sale by International Expressions of Interest closing Wednesday 2 October at 2pm (AEST).
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Nick Peden | 0402 011 2...
Josh Rutman | 0411 27 37 ...
MingXuan Li 李名轩 | 0498 688 9...
Key details of the opportunity include:
+ A modern 9-level office building of 3,339sqm*
+ Adjoining land utilised for car parking for 16 vehicles
+ Total land area of 916sqm* with 3 street frontages
+ 3+3 year lease to Australian Technical & Management College (ATMC)
+ Current Net Income: $1,800,000 per annum*
+ Entire lease term rental payable at settlement ($5.4m*)
+ Extremely well-presented building with ~$4.3 million spent on upgrades in recent years
+ The rear land has additional planning approval for an 11-level office building
+ An ideal Central CBD location within a precinct that is undergoing major transformation with many new projects completed and in progress, underpinning the future growth potential
*Approx.
For Sale by International Expressions of Interest closing Wednesday 2 October at 2pm (AEST).
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Nick Peden | 0402 011 2...
Josh Rutman | 0411 27 37 ...
MingXuan Li 李名轩 | 0498 688 9...
Property ID: 504674940Last Updated: 28 Aug 2024
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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