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72-74 Bourke Street Melbourne, VIC 3000

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72-74 Bourke Street,
Melbourne, VIC 3000

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Classic CBD Freehold Investment

  • Prime CBD Investment
  • Highly Regarded Tenant
  • Strong Upside Potential
Savills is delighted to offer for sale this remarkable freehold CBD retail investment, located at 72-74 Bourke Street, Melbourne.

Situated in the prized east-end of Melbourne’s CBD and leased to long term tenant, “Bottega” restaurant, this premium property is ideally positioned between two Melbourne icons; Grossi Florentino and Pellegrini’s. Boasting a prime location, high profile tenant and very strong growth prospects, we strongly recommend this ideal CBD investment.

The key attributes of the property include:

- A magnificent 2-level building in immaculate condition
- Renewed 5+5+5 year lease to Melbourne institution “Bottega” Restaurant
- Bottega has been in occupation since 2002
- Net Rental: $211,940 per annum* (as at 13 May 2018)
- Wide Bourke Street frontage of 8m* with 2nd street frontage to Mornane Place
- Valuable landholding of 198sq m*
- Significant future rental and development upside potential
- Perfectly positioned between Melbourne icons; Grossi Florentino and Pellegrini’s
- An incredible location within the 24-hour district of Melbourne’s East End
- An extremely rare CBD freehold investment opportunity!

EOI closed - A multitude of offers received and being reviewed.

For further information, please contact:

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

Property ID: 502772874Last Updated: 30 Sep 2021

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72-74 Bourke Street
Melbourne, VIC 3000
Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
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