THE PROPERTY DEVELOPMENT REVIEW
GENERATIONAL MELBOURNE CBD OPPORTUNITY IN THE HEART OF CHINATOWN 146-158 Bourke Street & 139 Little Bourke Street, Melbourne Features: • Major Developer, Investor or Owner Occupier Opportunity • Tightly held East End / Chinatown precinct • 1909 m 2 of CBD land Ryder Commercial have the privilege of offering a once in a generation major Melbourne CBD investment opportunity. Occupying a premium location within the east end of Melbourne’s CBD in the iconic heart of Chinatown, 146-158 Bourke Street & 139 Little Bourke Street possesses significant attributes including: • Major Developer, Investor or Owner Occupier Opportunity. • 5 freehold titles of strategic east end / Chinatown landholding of 1909m 2 * • 4 street / laneway frontages to Bourke Street, Little Bourke Street, Coverlid Place and Brien Lane totaling 215 metres. • Building area totaling 5062 m 2 * • Strong cash flow* of $1,641,030.00 per annum* from a diverse mix of long standing tenants. All leases have redevelopment clauses included. • Prominent city allotment providing a key link from Bourke Street to Melbourne’s vibrant Chinatown within Melbourne CBD’s best • Located at the cosmopolitan end of town which is surrounded by fine restaurants, historic theatres eclectic bars, premium retail, high end accommodation, residential and commercial spaces. • One of Melbourne’s most significant and strategic properties with endless future possibilities • Wide appeal for Investors, Developers and Owner Occupiers with multiple development and investment outcomes possible. THIS GENERATIONAL INVESTMENT OPPORTUNITY IS OFFERED TO THE MARKET FOR THE FIRST TIME IN 35 YEARS! To obtain further information or to arrange an inspection, please contact the exclusive selling agents Ryder Commercial Mark Ryder +61 412 348 547 David Gibellini +61 419 473 504 Paul Sberna +61 414 315 728 performing retail, residential and commercial precincts • Desirable Capital City 1 zoning provides highly flexible development options
*Approx
October / November 2024 – 65
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