151 Bourke Street, Melbourne, VIC 3000

Retail

For Sale Please contact agent

  • Property ID: 394030
  • Floor Area: 549m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the building (FTTB)
A TROPHY BOURKE STREET RETAIL OPPORTUNITY WITH ENORMOUS UPSIDE

Colliers are please to present for sale 151 Bourke Street, Melbourne - a blank canvas, two level retail activation opportunity with the potential for a variety of value-add scenarios including hospitality, retail, medical and office uses.
- Outstanding and tightly held East End location, positioned between the Bourke Street Mall and the esteemed Bourke Hill Precinct.
- A flexible two (2) level retail activation site with prominent 7.1m street frontage to Bourke Street and rear laneway access to Coromandel Place.
- Expansive total area of 549sqm offered with Vacant Possession (with short term holding income). Ground (185sqm) and Basement (364sqm) floors offer clear span blank canvas accommodation.
- Favourable Capital City Zoning offers versatility for different uses as well as the ability to reconfigure, reposition or redevelop in the future (STCA).
- Ideally suited for hospitality, destination retail, supermarket, chemist, office or medical activation.
- Surrounded by world class office headquarters, high-rise residential, hotels, hospitality hot spots and luxury retailers - the preferred destination for workers, residents, and tourists alike.
- High pedestrian traffic location within immediate proximity to Chinatown, a major culinary and cultural destination in Melbourne.
- Walking distance to Melbourne Central and Parliament Train Stations as well as direct access to major tram routes along Bourke, Collins, Spring and Swanston Streets.
An extremely rare opportunity to purchase a prime multi-level retail asset in Melbourne’s coveted East End
*approx.
To request an inspection or for more information please contact Colliers as the exclusive selling agents.
Daniel Wolman | +61 412 957 839
Anthony Kirwan | +61 431 952 430
George Davies | +61 421 799 489
Leon Ma | +61 417 070 725
Close date to be confirmed following lockdown

Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $867 ---
Industrial $2950 --- ---
Offices $6607 $832 12.59%
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 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.
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  Colliers International Melbourne CBD

 

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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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