387-391 Bourke Street, Melbourne_Property for Sale
387-391 Bourke Street, Melbourne_Property for Sale
387-391 Bourke Street, Melbourne, VIC, 3000, AU

387-391 Bourke Street, Melbourne

Asset Description

JLL Melbourne CBD Sales has the exclusive privilege of offering for sale this extremely rare Bourke Street retail freehold with abundant potential set to benefit from billions of dollars being invested into the immediate precinct.


Key details of the opportunity include:

+ A classic double-level retail freehold building with substantial 12.27* metre Bourke Street frontage

+ Currently configured as two ground floor shops and a whole first floor retail tenancy with an opportunity to amalgamate for a flagship tenant 

+ Exposure to 7-day foot traffic from office workers, shoppers, tourists, diners, students and residents

+ Set upon a substantial landholding providing exciting value-add options including construction of additional levels (STCA)

+ Ideal central Melbourne CBD location, 80 metres from Bourke Street Mall and directly adjoining Galleria Retail and 405 Bourke pedestrian thoroughfare

+ Situated in the same block as two brand new office towers anchored by National Australia Bank and Commonwealth Bank set to accommodate almost 12,000* workers

+ One of only two privately owned freeholds on the entire southern Bourke Street block

+ Set amongst Australia’s banking titans

+ Incredibly rare opportunity to occupy, reposition or landbank and benefit from an unprecedented level of public and private investment in the immediate precinct






Nick Peden | 0402 011 266

Josh Rutman | 0411 27 37 46

MingXuan Li | 0498 688 998



Building area Gross
140 m²
Year built
Land area Gross
0.03 ha (345 m²)


Investment Highlights

·      Two-level retail freehold of 484*sqm

·      Ideal Central CBD retail core location

·      Occupy / Value-add / Invest / Redevelop

387-391 Bourke Street, Melbourne 4_Property for Sale
387-391 Bourke Street, Melbourne 4_Property for Sale

Contact brokers

387-391 Bourke Street, Melbourne (0 Properties)

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Last updated
31 Aug 2023