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387-391 Bourke Street, Melbourne VIC 3000
Investment Potential

Property Highlights

  • Two-level retail freehold of 484*sqm
  • Ideal Central CBD retail core location
  • Occupy / Value-add / Invest / Redevelop

JLL Melbourne CBD Sales has the exclusive privilege of offering for sale this extremely rare Bourke Street retail freehold with abundant potential set to benefit from billions of dollars being invested into the immediate precinct.

Key details of the opportunity include:
+ A classic double-level retail freehold building with substantial 12.27* metre Bourke Street frontage
+ Currently configured as two ground floor shops and a whole first floor retail tenancy with an opportunity to amalgamate for a flagship tenant
+ Exposure to 7-day foot traffic from office workers, shoppers, tourists, diners, students and residents
+ Set upon a substantial landholding providing exciting value-add options including construction of additional levels (STCA)
+ Ideal central Melbourne CBD location, 80 metres from Bourke Street Mall and directly adjoining Galleria Retail and 405 Bourke pedestrian thoroughfare
+ Situated in the same block as two brand new office towers anchored by National Australia Bank and Commonwealth Bank set to accommodate almost 12,000* workers
+ One of only two privately owned freeholds on the entire southern Bourke Street block
+ Set amongst Australia’s banking titans
+ Incredibly rare opportunity to occupy, reposition or landbank and benefit from an unprecedented level of public and private investment in the immediate precinct


387-391 Bourke Street, Melbourne is For Sale by Expressions of Interest closing Thursday 31 August at 2pm.

To obtain further information or to arrange an inspection, please contact the exclusive selling agent.

Nick Peden | 0402 011 266
Josh Rutman | 0411 27 37 46
MingXuan Li | 0498 688 998

Remember to mention you found this property on CommercialReady

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STEP 01 Finance type
Commercial Investment Finance
STEP 02 Property Address
387-391 Bourke Street, Melbourne VIC 3000
STEP 03 Contact a finance professional

Map: 387-391 Bourke Street, Melbourne VIC 3000