Shops 2 & 3, 32-38 Bourke Street, Melbourne, Vic 3000

Vinci Carbone are pleased to offer for sale these two exceptional retail investments located in the heart of the dynamic 'Bourke Hill' Precinct within Melbourne's Entertainment District. The properties are surrounded by iconic eateries and restaurants including Maison Batard, The European, Grossi Florentino, Pellegrini's to mention a few and also opposite the famous Windsor Hotel and adjacent to the new Le Meridien Hotel.

The availability of these two retail investments creates a very rare opportunity for investors to be able to enter the CBD market at a relatively low price point and into one of the most sought-after areas of the CBD. The 'Bourke Hill' Precinct is being transformed into one of the most patronised hospitality areas of Melbourne with several large hospitality groups, including the Lucas Group, Merivale and the O'Brien Group investing vast amounts of capital in the immediate area of the subject offerings.

Key highlights: 

+ Rental Income: Shop 2: $185,000.00 pa* plus outgoings, 5 year lease to 2029 plus options to 2039 and Shop 3: $50,458.44 pa* plus outgoings, 3 year lease to 2027 plus options to 2030.

+ Prime Location in Melbourne’s Vibrant East-End: Situated in the heart of Melbourne’s prestigious East-End CBD, this property forms part of the renowned ‘Bourke Hill’ precinct, one of the city’s most coveted addresses.

+Thriving Dining & Hospitality Hub: Directly adjoining the Le Meridien Hotel, the property is surrounded by iconic dining venues such as Maison Batard, Pellegrini’s and Grossi Florentino, making it a key location in Melbourne’s restaurant and hospitality scene.

+Offered Separately: An outstanding opportunity to acquire either one or both of the fully leased retail shops, offering flexibility for investors seeking a tailored acquisition.

+Exceptional Accessibility: The location benefits from excellent access to public transport, including tram and train services, ensuring convenience for both tenants and customers alike.

Public Auction: Thursday 10 April at 12.30pm on-site (offered separately)

*approx.