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387-391 Bourke Street
Melbourne VIC 3000
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Sold on 10 May 2024

387-391 Bourke Street Melbourne VIC 3000

  • Shop & Retail
  • 484 m²
  • Sold, $0

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 | +61 417 070 725

*Approximate
STCA Subject to Council Approval

Cushman & Wakefield Melbourne
Cushman & Wakefield Melbourne
Level 9, 385 Bourke Street
Melbourne, VIC 3000

Property Highlights

Date Sold10 May 2024
Sold Price$0
Floor Area484 m²
Land Area345 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2019054865
Category
Last updated  10 May 2024
Map for 387-391 Bourke Street Melbourne VIC 3000
Cushman & Wakefield Melbourne
Cushman & Wakefield Melbourne
Level 9, 385 Bourke Street
Melbourne, VIC 3000

Property Highlights

Date Sold10 May 2024
Sold Price$0
Floor Area484 m²
Land Area345 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2019054865
Category
Last updated  10 May 2024

Co-Agents

Daniel Wolman
Cushman & Wakefield Melbourne
Call
+61412957839
Anthony  Kirwan
Anthony Kirwan
Cushman & Wakefield Melbourne
Call
+61431952430
Oliver  Hay
Oliver Hay
Cushman & Wakefield Melbourne
Call
+61419528540
Leon Ma 马海翔
Cushman & Wakefield Melbourne
Call
+61 417 070 725

More about 387-391 Bourke Street Melbourne VIC 3000

387-391 Bourke Street Melbourne VIC 3000 is categorized as Shop & Retail Property. It has a floor area of 484 m² and a land area of 345 m². The listing ID for this property is 2019054865.

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