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98 Bourke Street
Melbourne VIC 3000
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98 Bourke Street Melbourne VIC 3000

  • Shop & Retail
  • 226 m²
  • For Sale, Contact Agent

High Profile East-end Bourke Street Retail Investment

  • First time offered for sale in 40 years!
  • Fully leased to international restaurant
  • 7+7+7 year net lease with 4% increase

CBRE Melbourne are delighted to present for sale a once in a generation freehold retail investment opportunity in the Melbourne's CBD's iconic east-end.

This high profile & fully leased freehold building can be summarised by the following key features:

+ A highly prized and high exposure three-storey retail freehold building in the Melbourne CBD's exclusive east-end directly adjacent to Exhibition Street intersection

+ Offered to the market fully leased to popular restaurant tenant 'SOT Dining' by ex-Nobu & Firebird chef Doowon Lee on a recent 7+7+7 year net lease benefitting from 4% fixed annual increases

+ Fully refurbished retail building across (3) levels with ground floor and first floor restaurant as well as top floor office administration and inventory and benefitting from rear laneway loading to Lees Place

+ Benefitting from rare on-premise 11pm liquor licence and outdoor seating permit on Bourke Street for a total capacity of 76 patrons

+ Irreplaceable East-end Melbourne CBD Bourke Street location with unrivalled retail exposure from Exhibition Street foot traffic and excellent public transport connectivity via Bourke Street tram network and short walking distance to Parliament Train Station

+ Bourke Street's east-end is currently experiencing major rejuvenation with recent opening's of Lucas Group's iconic 'Maison Batard', expansion of neighbouring 'Good Heaven's Rooftop' as well as the upcoming redevelopment of the Job's Warehouse building by O'Brien Group for a 1,000 patron venue

Do not miss this once in a generation opportunity to secure a fully leased east-end Melbourne CBD Bourke Street building

98 Bourke Street, Melbourne is offered For Sale via International Expressions of Interest closing Thursday 6th March 2025 at 2:00pm (AEDT)

For further information please contact the exclusive sales and marketing agents at CBRE:

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

*Denotes Approx.

CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Floor Area226 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019762705
Category
Last updated  31 Jan 2025
Map for 98 Bourke Street Melbourne VIC 3000

Nearest transport* to 98 Bourke Street Melbourne VIC 3000

Bus
Train
Tram
Ferry
Exhibition St/Lonsdale St (Melbourne City)200 m
Exhibition St/Lonsdale St (Melbourne City)230 m
Spring St/Lonsdale St (Melbourne City)261 m
Little Lonsdale St/Exhibition St (Melbourne City)357 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Floor Area226 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019762705
Category
Last updated  31 Jan 2025

More about 98 Bourke Street Melbourne VIC 3000

98 Bourke Street Melbourne VIC 3000 is categorized as Shop & Retail Property. It has a floor area of 226 m². The listing ID for this property is 2019762705.

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