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220 Bourke Street Melbourne, VIC 3000

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220 Bourke Street,
Melbourne, VIC 3000

Shop & Retail • Offices • Hotel & Leisure

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A ONCE IN A LIFETIME CBD FREEHOLD CORNER GEM

  • FIRST TIME OFFERED IN OVER 80 YEARS
  • EPICENTRE OF MELBOURNE CBD’S RETAIL CORE
  • ENDLESS VALUE-ADD OPPORTUNITIES
Colliers International is pleased to present the opportunity to purchase 220 Bourke Street with the following key attributes:

• An outstanding 5-level Bourke Street freehold asset plus expansive rooftop terrace, in the heart of the Melbourne CBD Retail Core, situated amongst some of the city’s best eateries and retailers
• Super prime corner locality between Swanston and Russell Streets. Metres from Bourke Street Mall and benefitting from laneway access through Little Bourke Street’s Chinatown with exclusive rear access and high levels of pedestrian traffic
• A character-filled Art Deco building, fully leased to multiple tenants; with a mix of residential and commercial use with strong value-add opportunities
• Multiple income streams, returning a net rent of $453,950* per annum; Anchored by international retailer Cotton On Body, with major rental upside
• Individually strata subdivided with flexibility to sell down
• Private rooftop terrace, prime for future commercial activation (STCA)
• Future development upside with potential for additional levels (STCA) and significant rental upside, ideal for any combination of retail, hospitality or student accommodation
• Well-serviced by public transport including Flinders Street Train Station, Melbourne Central Train Station and Elizabeth, Collins, Swanston and Bourke Street tram networks
• A once in a lifetime opportunity to purchase an architectural landmark, designed by the late Harry Norris, one of Melbourne’s most prolific and successful architects

*Approximate.

For Sale by On-Site Public Auction on Friday 27th April 2018 at 12.00pm.

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
Matthew Stagg +61 409 411 300
David Sia谢忠佑 +61 430 111 223

Property ID: 502751050Last Updated: 25 Sep 2019

220 Bourke Street
Melbourne, VIC 3000

Agency contacts

Colliers International - Melbourne
Colliers International - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000
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Matt Stagg
Colliers International - Melbourne
220 Bourke Street Melbourne, VIC 3000

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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