384 Bourke Street,
Melbourne, VIC 3000

Shops & Retail • Offices • Development Sites & Land

Key property information

Land area

Floor area

Property extent

Tenure type

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Map of 384 Bourke Street

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A TIMELESS BOURKE STREET RETAIL CORE FREEHOLD

- Substantial 2-level retail and hospitality building of 1164.5sqm* with further development potential (STCA)

- Dual fronted landholding of 471sqm* with 10m* frontage to Bourke Street and access/retail activation potential via rear Warburton Lane

- New 10 year lease with net income of $586,275p.a* plus 3.25% annual increases to major food and beverage hospitality tenant

- Prominent Bourke Street location only metres from Melbourne's famed Bourke Street shopping mall amongst major retailers Myer, David Jones, Zara and H&M

- Located directly opposite National Australia Bank new global headquarters currently under construction and set to house 66,000sqm* of A Grade office space over 30 levels

- Supported by a myriad of major public transportation in the Bourke Street tram network and Melbourne Central Train Station

*Approx

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

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000