Share this property

realcommercial.com.au

206 Bourke Street Melbourne, VIC 3000

Directions

206 Bourke Street,
Melbourne, VIC 3000

Shops & Retail • Offices

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Zoning

Tenure type

Sold on

Map of 206 Bourke Street

Directions

MASSIVE CENTRAL MELBOURNE CBD LANDMARK INVESTMENT

206 Bourke Street comprises a trophy mixed use retail and commercial asset completely redeveloped in 2010. Centrally located in the CBD on the edge of the vibrant bustling Bourke Street Mall with direct access to China Town. The immediate locality has a high population growth catchment and is Melbourne’s quintessential fashion, dining, entertainment and lifestyle destination.

Investment Highlights
• Major mixed use retail and office complex with total lettable area of 11,922sqm*
• Heart of Melbourne's CBD retail core with direct link to Chinatown
• Edge of Bourke Street Mall, Melbourne's exciting fashion, dining, entertainment and lifestyle destination
• Landmark freehold site of 3,144sqm*
• Diverse mix of international and national tenants including G-Star, Quicksilver, JB HiFi, Regent Club, Shanghai Dynasty, Dragon Boat Restaurant and Navitas
• Potential to enhance income through establishment of rooftop bar
• Development scope to increase building area via construction of hotel/apartments above existing complex (STCA)
• Secure income stream with average lease expiry of 5.23 years**
• Established main trade area of 41,550 residents with robust 4.5%* pa average population growth expected until 2026#
• Attractive trade area demographics including highly concentrated resident and workforce population
• Potential for strata subdivision of the building in the future (STCA)
• Fully leased net income $8,124,000 p.a.*

*Approx. ** Approx. by area
# Source: MacroPlan Dimasi, March 2013

Additional information

Property ID: 500679347Last Updated: 26 Jun 2015

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
realcommercial.com.au logo
206 Bourke Street
Melbourne, VIC 3000
JLL - Melbourne
Level 33, 101 Collins Street
MELBOURNE, VIC 3000
JLL - Sydney
Level 27, 180 George Street
SYDNEY, NSW 2000

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.