Corner Level 3, 620 Bourke Street,
Melbourne, VIC 3000
Offices
Key property information
Floor area
Municipality
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$123,500
Number of Tenants
1 Tenant
Tenants / Type
Education Operator
Private inspections
to arrange a private inspection.
Map of Corner Level 3, 620 Bourke Street
Train stations within 5 km of Corner Level 3, 620 Bourke Street, Melbourne, VIC 3000 Distance Southern Cross Station 390 m Flagstaff Station 488 m Melbourne Central Station 928 m Town Hall Station 1 km Flinders Street Railway Station 1.1 km POWERED BY HERE ©Tram stops within 5 km of Corner Level 3, 620 Bourke Street, Melbourne, VIC 3000 Distance Southern Cross StationStop 1 111 m 3William StBourke St Melbourne City 221 m 5Bourke StWilliam St Melbourne City 263 m 122-Southern Cross Railway Station/Spencer St (Melbourne City) 286 m 4-Collins St/William St (Melbourne City) 356 m POWERED BY HERE ©Bus stops within 5 km of Corner Level 3, 620 Bourke Street, Melbourne, VIC 3000 Distance King St/Lonsdale St (Melbourne City) 203 m Melbourne 205 m Greyhound Bus Stop Melbourne 247 m Supreme Court/Lonsdale St (Melbourne City) 297 m Lonsdale StSpencer St Melbourne City 333 m POWERED BY HERE ©
POWERED BY HERE ©
Tenanted Investment Office with 9B Capacity
- CORNER OFFICE WITH STRONG NATURAL LIGHT
- LEASED TO EDUCATION OPERATOR
- 65-OCCUPANT 9B CAPACITY
Tiga Commercial presents For Sale, Corner Level 3, 620 Bourke Street, Melbourne with the following property highlights:
⟶ Corner office opportunity located in the Melbourne CBD’s Western Core
⟶ Half-floor tenancy spanning 252sqm* with ample natural light throughout
⟶ Existing fit-out includes reception area, private offices, classrooms, breakout area, and kitchen facilities
⟶ 9B-compliant property with 65-occupant capacity
⟶ Currently leased to an education operator, with annual net income of approx. $123,500 p.a.
⟶ Lease commenced 11th April 2022 for three (3) years with one (1) further term of three (3) years; Annual increases are 4.00%
⟶ Situated on the corner of Bourke and King Streets with a multitude of transport options including Bourke Street trams, walking distance to Southern Cross Station, and direct link to Kings Way
⟶ Surrounded by an array of retail and hospitality venues offering convenience and accessibility
⟶ Ideal for investors and education providers with future owner occupation strategies
⟶ Rare opportunity to acquire commercial space compliant with 9B regulations for education-use, in the heart of Melbourne's CBD.
For more information, please contact:
Martin Leong 梁文伟 +61 425 699 7...
David Sia 谢忠佑 +61 430 111 2...
Griffin Barrett +61 434 620 3...
*Approximate
⟶ Corner office opportunity located in the Melbourne CBD’s Western Core
⟶ Half-floor tenancy spanning 252sqm* with ample natural light throughout
⟶ Existing fit-out includes reception area, private offices, classrooms, breakout area, and kitchen facilities
⟶ 9B-compliant property with 65-occupant capacity
⟶ Currently leased to an education operator, with annual net income of approx. $123,500 p.a.
⟶ Lease commenced 11th April 2022 for three (3) years with one (1) further term of three (3) years; Annual increases are 4.00%
⟶ Situated on the corner of Bourke and King Streets with a multitude of transport options including Bourke Street trams, walking distance to Southern Cross Station, and direct link to Kings Way
⟶ Surrounded by an array of retail and hospitality venues offering convenience and accessibility
⟶ Ideal for investors and education providers with future owner occupation strategies
⟶ Rare opportunity to acquire commercial space compliant with 9B regulations for education-use, in the heart of Melbourne's CBD.
For more information, please contact:
Martin Leong 梁文伟 +61 425 699 7...
David Sia 谢忠佑 +61 430 111 2...
Griffin Barrett +61 434 620 3...
*Approximate
Additional information
External websites
Melbourne, 3000 demographic data
The median household income for Melbourne is $1,448, 24% lower than Greater Melbourne's household income of $1,901. Melbourne has a younger age profile compared to the rest of Greater Melbourne (median age 29 vs 37). Property ownership data shows 47% of property owners in Melbourne have a mortgage.
54,941
Population
$1,448 per week
Median household income
29 years
Median age
Renters
Most residents
Singles
Most households
Corner Level 3, 620 Bourke Street
Melbourne, VIC 3000
Tiga Commercial - MelbourneLevel 11, 410 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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