Billy Barista, 861 Bourke Street,
Docklands, VIC 3008
Shops & Retail
Key property information
Floor area
Tenure type
Sold on
CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
Billy Barista, 861 Bourke Street
Docklands, VIC 3008
Map of Billy Barista, 861 Bourke Street
Entry Level City Retail Investment On a 7+5 Year Net Lease
- First time offered to the market
- 7+5 year net lease
- Returning $32,058* per annum
CBRE Melbourne are delighted to present For Sale for the first time offered to the market, 861 Bourke Street, Docklands leased to popular café Billy Barista.
This Bourke Street corner café investment can be summarised by the following key points:
+ Offered fully leased to popular tenant Billy Barista on a 7+5 year net lease returning $32,058* per annum with 4% fixed annual increases
+ The corner tenancy is located on Bourke Street at the benefitting from excellent exposure and signage as well as outdoor seating area
+ Offering a high quality fit out and tenancy across 48 square metres* with excellent signage on two sides
+ Located in a high density residential and commercial office precinct with direct proximity to Collins Street and Bourke Street tram stops at its doorstep with immediate access to Southern Cross Train Station
+ 861 Bourke Street is set to benefit from the delivery of multiple high-rise residential and office developments within the immediate precinct located within 100m of the property
For further information please contact the exclusive sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
This Bourke Street corner café investment can be summarised by the following key points:
+ Offered fully leased to popular tenant Billy Barista on a 7+5 year net lease returning $32,058* per annum with 4% fixed annual increases
+ The corner tenancy is located on Bourke Street at the benefitting from excellent exposure and signage as well as outdoor seating area
+ Offering a high quality fit out and tenancy across 48 square metres* with excellent signage on two sides
+ Located in a high density residential and commercial office precinct with direct proximity to Collins Street and Bourke Street tram stops at its doorstep with immediate access to Southern Cross Train Station
+ 861 Bourke Street is set to benefit from the delivery of multiple high-rise residential and office developments within the immediate precinct located within 100m of the property
For further information please contact the exclusive sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
Docklands, 3008 demographic data
The median household income for Docklands is $1,957, 3% higher than Greater Melbourne's household income of $1,901. Docklands has a younger age profile compared to the rest of Greater Melbourne (median age 32 vs 37). Property ownership data shows 56% of property owners in Docklands have a mortgage.
15,495
Population
$1,957 per week
Median household income
32 years
Median age
Renters
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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116 Newquay Promenade,Docklands, VIC 3008 937 m²Shops & Retail • Offices • Hotel, Motel & Leisure
