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384-386 Bourke Street Melbourne, VIC 3000

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384-386 Bourke Street,
Melbourne, VIC 3000

Shop & Retail • Offices • Development Sites & Land

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The Ultimate CBD Freehold Investment

  • Substantial 3-level CBD building
  • Perfect central CBD location
  • Currently leased to OPSM
Savills is delighted to offer For Immediate Private Sale this remarkable central CBD retail freehold with upside, located at 384-386 Bourke Street, Melbourne.

Occupying an outstanding location with two significant street frontages, this prime three-level retail building provides a tremendous investment with obvious future development potential.

The key attributes of 384-386 Bourke Street include:

- A substantial 3-level retail building
- Fully leased to blue-chip tenant – OPSM (400 stores across Australia and NZ)
- Current net rental: $460,576 per annum*
- 8 year lease expiring October 2016 (no option)
- Large landholding of 514sq m*
- 2 extensive street frontages to Bourke Street and Warburton Lane
- An ideal location on the doorstep of the Bourke Street Mall
- Situated in the absolute heart of the CBD
- Extraordinary development potential in what is Australia’s most successful high rise precinct
- A rare CBD opportunity with income and upside!

The opportunity to secure high calibre CBD freehold buildings of this nature is very rare, especially when you consider the prime location, leased to high quality tenant and exceptional future growth potential.

384-386 Bourke Street, Melbourne is For Immediate Private Sale.

For further information, please contact:

Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...

Property ID: 501662393Last Updated: 30 Sep 2021

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384-386 Bourke Street
Melbourne, VIC 3000
Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
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