Lot 2/235-251 Bourke Street

Melbourne VIC 3000

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Sold on 12 Apr 2021

Lot 2/235-251 Bourke Street Melbourne VIC 3000

Offices
23,014 m²
Sold

A RARE, HIGH YIELDING MELBOURNE INVESTMENT OFFERING 5 YEARS OF SECURE INCOME

100% LEASED TO RMIT UNIVERSITY
$32M* IN CAPEX INVESTED IN UPGRADES
UNPRECEDENTED VALUE-ADD POTENTIAL

Featuring a prominent office tower of 23,014 sqm* situated on one of Melbourne's most sought after
commercial thoroughfares

14 levels of commercial office accommodation with floor plates averaging 1,670 sqm

Securely leased for 5 years to the Royal Melbourne Institute of Technology (RMIT) - one of Australia's
leading education institutions

Commencing rental - $8,044,000 per annum net*

Approximately $32m invested into in mechanical and building refurbishments over the past 5 years

Offering scope for significant future rent reversion within a rapidly evolving precinct of Melbourne

Located within close proximity to the new Town Hall Train Station - being delivered in 2025*

A 100% INTEREST LOT 2, 235-251 BOURKE STREET, MELBOURNE IS OFFERED FOR SALE BY INTERNATIONAL EXPRESSIONS OF INTEREST CLOSING 3:00 PM (AEST) ON WEDNESDAY 26TH AUGUST.

For further information or to request an inspection, please direct enquiries to the sales and marketing agents below.

CBRE:
Kiran Pillai
+61 438 381 172

Scott McGlone
+61 419 468 871

GROSS WADDELL:
Danny Clark
+61 448 066 889

Raoul Salter
+61 418 335 432

CBRE

Level 34,

Melbourne, VIC 3000

Property Highlights

Date Sold	12 Apr 2021
Floor Area	23,014 m²
Land Area	Ask Agent
Energy	Ask Agent
Parking	On site parking available
Property ID	2016392467
Category	Offices Other
Last updated	8 Jun 2021

Map for Lot 2/235-251 Bourke Street Melbourne VIC 3000

Nearest transport* to Lot 2/235-251 Bourke Street Melbourne VIC 3000

Bus

Train

Tram

Ferry

Melbourne Central/Lonsdale St (Melbourne City)	274 m
Swanston St/Lonsdale St (Melbourne City)	290 m
Tattersalls Lane/Lonsdale St (Melbourne City)	291 m
Melbourne Central/Lonsdale St (Melbourne City)	310 m

*Within a 4km radius

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CBRE

Level 34,

Melbourne, VIC 3000

Property Highlights

Date Sold	12 Apr 2021
Floor Area	23,014 m²
Land Area	Ask Agent
Energy	Ask Agent
Parking	On site parking available
Property ID	2016392467
Category	Offices Other
Last updated	8 Jun 2021

Co-Agents

Kiran Pillai

CBRE

Call

+61 438 381 172

Scott McGlone

CBRE

Call

+61 419 468 871

More about Lot 2/235-251 Bourke Street Melbourne VIC 3000

Lot 2/235-251 Bourke Street Melbourne VIC 3000 is categorized as Office. It has a floor area of 23,014 m². The listing ID for this property is 2016392467.