Myer Bourke Street, Melbourne
About
At the northern side of Bourke Street Mall
Positioned in the retail heart of Melbourne’s CBD, occupying one of Melbourne’s most highly visible locations, with public transport immediately adjacent to the property.
The flagship Myer department store dating back to 1914 consists of 9 levels with 66 department stores, personal services, cafes and an events hall.
Multilevel walkways connecting to Emporium Melbourne.
Myer Bourke Street, Melbourne VIC 3004
Cafe
Bus, Train, Tram
Gallery
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More information
Ownership interest
33%
Cap rate
5.75%
Valuation date
December 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
Rent review structure
Fixed
Major tenants by income
Myer
Parking spaces
0
Valuation range
$150 million