PREMIER CBD RETAIL FREEHOLD

189-191 Bourke Street, Melbourne, Victoria 3000

Retail For Sale

Expressions of Interest. EOI Date 18 Oct 2018
Floor Area: 576.00 m2.    

Description

Colliers International is pleased to present the opportunity to purchase 189-191 Bourke Street with the following key attributes:
• An outstanding 3-level Bourke Street freehold asset with exclusive rear access via Donaldson Lane
• Super prime locality between Swanston Street and Russell Street. Situated metres from Bourke Street Mall, Target Centre, Chinatown and Mid City Arcade, the property is truly positioned in the heart of Melbourne CBD’s Retail core, surrounded by the city’s best eateries and retailers
• Anchored by International powerhouse tenant, 4 Fingers Crispy Chicken on a 10-year lease
• A character-filled building with expansive floor plates, fully leased to a diversified mix of tenants
• Multiple income streams, returning $390,592* per annum plus GST and outgoings with fixed annual increases
• Future development upside with potential for additional levels (STCA)
• Well-serviced by public transport including Flinders Street Train Station, Melbourne Central Train Station and Elizabeth, Collins, Swanston and Bourke Street tram networks
• Neighbouring the world-renowned Bourke Street Mall which attracted over 20 million visitors and achieved $1 billion in retail sales during 2017

*Approximate

For Sale by Expressions of Interest closing on Thursday 18th October 2018 at 12.00pm AEDT

To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team as the exclusive selling agents:

Oliver Hay +61 419 528 540

Daniel Wolman +61 412 957 839

David Sia谢忠佑 +61 430 111 223

This property is proudly marketed by the Melbourne City Sales team (MCS).

Features

  • FULLY LEASED, DIVERSIFIED INCOME STREAMS
  • MELBOURNE'S CBD RETAIL CORE
  • 10 YEAR LEASE TO INTERNATIONAL TENANT

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