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387-391 Bourke Street, Melbourne, VIC, 3000

2. Property Highlights

PRIME CBD RETAIL FREEHOLD – METRES FROM BOURKE STREET MALL
  • World-class Midtown CBD Location
  • Rare two-level freehold
  • 17 years in the making

Cushman & Wakefield Melbco City Sales are delighted to present for sale 387-391 Bourke Street, Melbourne

- A world-class Bourke Street Midtown CBD location. Positioned 80m* from globally renowned Bourke Street Mall and opposite Hardware Lane Dining Precinct, a coveted location in the epicenter of the Melbourne CBD.

- Rare two-level freehold building of 484sqm* GFA underpinned by a substantial land area of 345sqm*.

- Double fronted building with substantial 12.27m* frontage in a 7-day trade precinct exposed to office workers, retail shoppers, tourists, diners, students, and residents.

- Partially leased with a configuration of two excellent ground floor tenancies and a whole floor level 1 tenancy with opportunity to maximize your rental income stream or secure a single flagship occupier.

- Surrounded by corporate giants, situated between three of Melbourne’s preeminent corporate office towers, 385 Bourke Street (63,000sqm*), NAB Midtown HQ, 405 Bourke Street (65,000sqm*), and Cbus’ new $1bn project and upcoming CBA Midtown HQ, 435 Bourke Street.

- Flexible and sought-after Capital City 1 Zoning (CCZ1) permitting retail, office, and medical uses. Signage, additional levels, or a development project for education or accommodation uses can also be explored (STCA).

- Extremely rare and tightly held. One of only two privately owned freeholds on this entire southern Bourke Street block. Melbourne is the most populous and livable city in Australia.

- Owned by one private Melbourne family for almost two decades – an opportunity 17 years in the making.

For Sale by International Expression of Interest Friday 22 March 2024 at 12.30pm AEDT

For more information, please contact Cushman & Wakefield Melbco City Sales as the exclusive selling agent:

Melbco City Sales

Daniel Wolman | +61 412 957 839

Anthony Kirwan | +61 431 952 430

Oliver Hay | +61 419 528 540

Melbco Asia Capital Services

Leon Ma 马海翔 | +61 417 070 725

*Approximate

STCA – Subject to Council Approval

Remember to mention you found this property on CommercialReady

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3. Property Location

387-391 Bourke Street, Melbourne, VIC, 3000

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4. Due Diligence

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