Suite 103, 620 Bourke Street, Melbourne, VIC 3000

Offices

For Sale EOI Closed - Offers Under Review

  • Property ID: 381230
  • Floor Area: 181m²
  • Land Area: 181m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Prime CBD Office Investment In Renowned Legal Precinct

Savills is delighted to offer for sale the first CBD office investment opportunity of 2021 at Suite 103, 620 Bourke Street, Melbourne.
Key attributes of the property are as follows:
• Quality 181sq m* office in the city’s legal precinct
• Current rental of $80,000 per annum* offering significant rental upside
• New lease from August 2020 to reputable legal tenant, ‘Efron & Associates’
• Overlooking King Street, providing exceptional natural lighting throughout
• Situated within the city’s established legal precinct which is within close walking distance to Melbourne’s major courts
• Easy access across the CBD grid, with direct access to trams and train services, as well as a number of public car parks
• Unrivalled opportunity to secure a prime CBD investment in one of the city’s most vibrant precincts
EOI Closed - Offers Under Review
Contact Savills Agents:
Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655
*Approximate.

Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2950 --- ---
Retail --- $814 ---
Offices $6693 $874 13.06%
This is the average advertised price, rent and yield for Melbourne, VIC 3000*

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

Days on Market data for Offices 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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