1 & 2, 846 Bourke Street, Docklands, VIC 3008

Retail | Offices

Sold

  • Property ID: 356308
  • Floor Area: 137m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 1 & 2 Sold N/A 137m2 N/A Contact Agent
Prominent Docklands Investment - Leased to Renowned Estate Agency

Offered for private sale is this superb Docklands investment.

Comprising 137m2* floor area across two titles, this ground floor corner property is leased to established real estate agency Nelson Alexander.

Key Investment Features:
- Leased to Nelson Alexander Pty Ltd
- $68,000 per annum gross rental income
- Lease commenced 15th October 2019
- Three (3) year term
- Three (3) year further option
- Security bond equivalent to three (3) months rental
- Director Guarantees

Key Property Features:
- 137m2* total floor area
- Prominent street level corner site
- Close proximity to Southern Cross Station
- 950m* from Melbourne CBD

Prominently positioned at the junction of Cumberland and Bourke Streets, the property sits at the base of a modern mixed used development - benefiting from Docklands' renowned lifestyle amenity and exceptional access to the Melbourne CBD. The property is surrounded by high quality occupiers including Woolworths, Australia Post, Westpac and Subway. Additionally, the location is well serviced by public transport with Southern Cross Station located 750m* away and tram stops 300m* away along Collins Street.


*approx
Note: Prices exclude GST

Additional Information
Features
  • Lease Term: Three (3) Years
  • Rent Review: Annual 3.25%
  • Car Spaces: Nil
Docklands Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $8969 $884 9.86%
Retail $8962 $311 3.47%
This is the average advertised price, rent and yield for Docklands, VIC 3008*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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