138 Bourke Street,
Melbourne, VIC 3000
Shops & Retail • Development Sites & Land
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Map of 138 Bourke Street
VIRGIN ACTIVE: 138 BOURKE STREET, MELBOURNE
"An unparalleled Melbourne CBD East End investment"
CBRE are delighted to present to the market for sale, "Virgin Active" at 138 Bourke Street, Melbourne. The iconic opportunity boasts a fifteen (15) year net lease with options to one of the world's most recognised brands as well as the following key features:
* 4,816 sqm* of prime CBD space
* Prominent Melbourne CBD East End location
* Net lease structure, subject to 3.5% fixed annual increases
* Substantial depreciation tax benefits
* Attractive total return
* Purchasing significantly below replacement cost
* Net income of $1,713,000* with a 12 month bank guarantee
The property is being offered for sale by Expressions of Interest closing 5:00pm Thursday 29th August, 2013 through the offices of CBRE.
*approx
CBRE are delighted to present to the market for sale, "Virgin Active" at 138 Bourke Street, Melbourne. The iconic opportunity boasts a fifteen (15) year net lease with options to one of the world's most recognised brands as well as the following key features:
* 4,816 sqm* of prime CBD space
* Prominent Melbourne CBD East End location
* Net lease structure, subject to 3.5% fixed annual increases
* Substantial depreciation tax benefits
* Attractive total return
* Purchasing significantly below replacement cost
* Net income of $1,713,000* with a 12 month bank guarantee
The property is being offered for sale by Expressions of Interest closing 5:00pm Thursday 29th August, 2013 through the offices of CBRE.
*approx
Property ID: 500806635Last Updated: 3 Oct 2023
03 8621 33...
138 Bourke Street
Melbourne, VIC 3000
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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