Share this property

realcommercial.com.au

The Target Centre, 222-244 Bourke Street Melbourne, VIC 3000

Directions

The Target Centre, 222-244 Bourke Street,
Melbourne, VIC 3000

Shops & Retail

Price information

Sold

Range: $81,400,000 - $94,600,000

Key property information

Floor area

Parking info

Property extent

Tenure type

Sold on

Map of The Target Centre, 222-244 Bourke Street

Directions

Absolute Prime Melbourne CBD Retail and Office Investment - For Sale

  • The Target Centre
  • Tenanted Investment
  • EOI Close 4pm Thu 14/4/11
The Target Centre - 222-244 Bourke Street, Melbourne

- Fully leased Melbourne CBD retail centre comprising Target plus 20 specialties and office investment totalling 21,190sqm (approx.) over 6 levels

- Highly secure tenure via new 20 year lease to Target together with long term leases to Jetstar and Monash College

- One of the best performing Target stores in Australia

- Significant main trade area of 552,070 persons with above average growth of 1.5% p.a. until 2021 (Source: Pitney Bowes Business Insight)

- High traffic location positioned in the heart of Melbourne’s bustling retail core

- Massive street frontages to Bourke Street and Little Bourke Street

- Fully leased net income $6,390,000 p.a. (approx.) as at 1 September 2011

- Significant landmark site of 5,748sqm (approx.)

EXPRESSIONS OF INTEREST Closing 4pm Thursday 14 April 2011

Property ID: 5754453Last 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.
02 9220 85...
realcommercial.com.au logo
The Target Centre, 222-244 Bourke 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.