Absolute Prime Melbourne CBD Retail and Office Investment - For Sale
SOLD
222-244 Bourke Street
Melbourne VIC 3000
Retail
FOR SALE
21190m2
- Building Name The Target Centre
The Target Centre - 222-244 Bourke Street, Melbourne
- Fully leased Melbourne CBD retail centre comprising Target plus 20 specialties and office investment totalling 21,190sqm (approx.) over 6 levels
- Highly secure tenure via new 20 year lease to Target together with long term leases to Jetstar and Monash College
- One of the best performing Target stores in Australia
- Significant main trade area of 552,070 persons with above average growth of 1.5% p.a. until 2021 (Source: Pitney Bowes Business Insight)
- High traffic location positioned in the heart of Melbourneââ¬â¢s bustling retail core
- Massive street frontages to Bourke Street and Little Bourke Street
- Fully leased net income $6,390,000 p.a. (approx.) as at 1 September 2011
- Significant landmark site of 5,748sqm (approx.)
EXPRESSIONS OF INTEREST Closing 4pm Thursday 14 April 2011
- Fully leased Melbourne CBD retail centre comprising Target plus 20 specialties and office investment totalling 21,190sqm (approx.) over 6 levels
- Highly secure tenure via new 20 year lease to Target together with long term leases to Jetstar and Monash College
- One of the best performing Target stores in Australia
- Significant main trade area of 552,070 persons with above average growth of 1.5% p.a. until 2021 (Source: Pitney Bowes Business Insight)
- High traffic location positioned in the heart of Melbourneââ¬â¢s bustling retail core
- Massive street frontages to Bourke Street and Little Bourke Street
- Fully leased net income $6,390,000 p.a. (approx.) as at 1 September 2011
- Significant landmark site of 5,748sqm (approx.)
EXPRESSIONS OF INTEREST Closing 4pm Thursday 14 April 2011