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Colliers - Melbourne

514 Little Bourke Street Melbourne, VIC 3000

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514 Little Bourke Street,
Melbourne, VIC 3000

Shops & Retail

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Colliers - Melbourne

Colliers - Melbourne

Level 30, 367 Collins Street
MELBOURNE, VIC 3000
03 9629 88...
Colliers - Melbourne
514 Little Bourke Street
Melbourne, VIC 3000

Map of 514 Little Bourke Street

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HIGH EXPOSURE CBD RETAIL INVESTMENT

  • RETAIL INVESTMENT IN LEGAL PRECINCT
  • HUGE CATCHMENT FROM SURROUNDING TOWERS
  • 7 + 7 YEAR LEASE WITH 4% ANNUAL INCREASE
Colliers International is pleased to present the opportunity to purchase 514 Little Bourke Street, Melbourne also known as Shop 7, 199 William Street with the following key attributes:

- Affordable corner retail opportunity situated on the ground floor of ‘The William’, a premium residential tower consisting of 443 apartments, 87 hotel rooms and commercial office space
- High exposure to Little Bourke Street with support of ‘William Court’ retail arcade hosting a wide range of fresh and vibrant hospitality retailers
- Tenanted by the popular retailer ‘The Poke Man’ with a rental income of $75,725* p.a.
- Lease commenced 1 March 2015 with strong fixed annual increases of 4%
- AAA+ central CBD location in the heart of Melbourne’s Legal Precinct serviced by a dense catchment of office workers and CBD residents
- Convenient access to public transport including Flagstaff Station, Southern Cross Station, and well-serviced by city tram routes on both William Street and Bourke Street
- Spectacular opportunity to secure a prime retail investment in Melbourne’s tightly held legal precinct

*Approximate.

For Sale by On-Site Public Auction on Thursday 6th September at 12.30pm

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

Property ID: 502906602Last Updated: 23 Aug 2023

Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000
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