206 Bourke Street comprises a trophy mixed use retail and commercial asset completely redeveloped in 2010. Centrally located in the CBD on the edge of the vibrant bustling Bourke Street Mall with direct access to China Town. The immediate locality has a high population growth catchment and is Melbourne’s quintessential fashion, dining, entertainment and lifestyle destination.



Investment Highlights

• Major mixed use retail and office complex with total lettable area of 11,922sqm*

• Heart of Melbourne's CBD retail core with direct link to Chinatown

• Edge of Bourke Street Mall, Melbourne's exciting fashion, dining, entertainment and lifestyle destination

• Landmark freehold site of 3,144sqm*

• Diverse mix of international and national tenants including G-Star, Quicksilver, JB HiFi, Regent Club, Shanghai Dynasty, Dragon Boat Restaurant and Navitas

• Potential to enhance income through establishment of rooftop bar

• Development scope to increase building area via construction of hotel/apartments above existing complex (STCA)

• Secure income stream with average lease expiry of 5.23 years**

• Established main trade area of 41,550 residents with robust 4.5%* pa average population growth expected until 2026#

• Attractive trade area demographics including highly concentrated resident and workforce population

• Potential for strata subdivision of the building in the future (STCA)

• Fully leased net income $8,124,000 p.a.*



*Approx. ** Approx. by area

# Source: MacroPlan Dimasi, March 2013