Myer Bourke Street, Melbourne

MELBOURNE'S PREMIUM RETAIL STRIP

About

At the northern side of Bourke Street Mall

In addition to its position in the centre of Melbourne, Myer Bourke St also occupies one of Melbourne’s most highly visible and well regarded locations, with public transport available immediately adjacent to the property with three tram “super stops” located in Bourke, Swanston and Elizabeth Streets, and FLinders Street Railway Station and Melbourne Central Railway Station both located approximately 400 metres from the property.

Myer Bourke Street, Melbourne VIC 3004
Cafe
Bus, Train, Tram

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More information

Ownership interest
33%
Cap rate
5.63%
Valuation date
June 2023
Acquisition date
July 2021
Site area
5,904m2
Net lettable area
39,923m2
Occupancy
100%
NABERS rating (Energy)
-
NABERS rating (Water)
-
WALE by income
8.5
Rent review structure
Fixed
Major tenants by income
Myer
Parking spaces
0
Valuation range
$140-160 million