143 Russell Street, Melbourne, VIC 3000



  • Property ID: 436330
  • Floor Area: 25m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Leased 01/01/2024 25m2 N/A Contact Agent
Tightly Held Prime CBD Retail Opportunity

Grandfield Property Group is pleased to offer for lease this tightly held prime CBD retail/hospitality opportunity located at 143 Russell Street, Melbourne VIC 3000 by Expressions of Interest closing at 5PM Friday 6th October 2023.

Located on the corner of Bourke Street and Russell Street in the heart of Melbourne CBD, this prime retail shop situated on the ground floor of iconic six-storey Bourke House commercial complex. Perfectly positioned in the Chinatown and Bourke Street Mall shopping and entertainment precinct, this prime shop features:

*Suits retail, food&drink, hospitality and other business types (STCA)
*Area: 25 sqm approx.
*Excellent nature light
•High passing traffic exposure within Chinatown and Bourke Street Mall shopping and entertainment precinct with further boost by QT Hotel next door
•Tightly held location surrounded by leading retailers including Hungry Jacks, McDonald’s, Florsheim Shoes and Ezymart etc.
•Outstanding public transport including tram stop on Bourke Street and Flinders Railway Station & Melbourne Central Railway Station in close proximity

For Lease by Expressions of Interest closing at 5PM Friday 6th October 2023.

For further information or to arrange a private inspection of the property please contact exclusive leasing agent Grandfield Property Group Leasing Team.

Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $9125 $700 7.68%
Industrial --- $305 ---
Offices $6717 $805 11.99%
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 Lease

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:

  • 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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