Lemon Baxter is proud to present 107 Little Bourke Street, Melbourne- an iconic Victorian Freehold in the Heart of Melbourne's Chinatown.
107 Little Bourke Street, Melbourne presents an exceptional opportunity to secure a prime freehold investment in one of Melbourne's most tightly held and culturally rich precincts. Offered for the first time in 50 years, this beautifully renovated multi-level Victorian building combines timeless heritage charm with modern sophistication, underpinned by a secure, long-term lease to a high-performing hospitality tenant.
Situated in the heart of Melbourne's iconic Chinatown, this property benefits from substantial foot traffic and proximity to some of the city's most celebrated dining destinations including Flower Drum, Empress of China, and the Paramount Centre.
Property Details
- Fully renovated multi-level Victorian freehold
- Extensive refurbishment with high-end finishes throughout
- Land Area: 103 sqm*
- Building Area: 232 sqm*
- Frontage: 5.8 metres*
- Offered for the first time in 50 years
- Positioned in one of Melbourne's most tightly held retail and hospitality precincts
Tenancy Details
- Tenant: Khao Soi Restaurant a leading hospitality operator with a strong following
- Lease Expiry: 18 January 2031
- Option: 1 x 5-year renewal
- Net Rent: $195,000 per annum
- Rent Reviews: Fixed annual increases of 3.5%
- Long-term income security with rental growth built in
Location
- Situated in the heart of Melbourne's Chinatown precinct a culturally rich and historically significant area
- High pedestrian foot traffic
- Surrounded by Melbourne's most iconic dining establishments, including Flower Drum, Empress of China, and Paramount Centre
- Strong demand precinct with consistent rental growth and capital appreciation
A Trophy Investment in a Landmark Location
A rare opportunity to acquire a blue-chip freehold investment in a premier Melbourne location. With a secure long-term lease, strong annual rental growth and a prime position in one of the city's most vibrant and high-performing precincts, 107 Little Bourke Street is an exceptional offering not to be missed.
To be sold via Public Auction on Friday 9 May at 12pm (on-site).
For further information or to arrange an inspection, contact the exclusive selling agents at Lemon Baxter.