143-145 Bourke Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

143-145 Bourke Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 288m2
Land area: 165m2
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Property Details for 143-145 Bourke St, Melbourne

Building Type
Commercial
Floor Size
288m2
Land Size
165m2
Local Government
Melbourne
Lot/Plan
1/TP231471

Last Listing description (March 2021)

FOR SALE

- FLEXIBLE TWO (2) STOREY RETAIL BUILDING
- PROMINENT BOURKE STREET FRONTAGE WITH REAR ACCESS

- SOUGHT AFTER LIQUOR LICENCE
- TIGHTLY HELD LOCATION NEARBY CHINATOWN

Land Area: 166m GLAR: 205m

Gross Waddell and Colliers International are pleased to present the opportunity to purchase an exciting freestanding building at 143-145 Bourke Street, Melbourne with the following key attributes:

- Extremely sought-after freestanding building located within Melbourne CBDs tightly held East End

- Prominent pedestrian traffic neighbouring Chinatown, a major culinary and cultural destination in Melbourne

- The property is surrounded by world class office headquarters, multiple high-rise residential towers, hospitality hot spots and luxury retailers making it the preferred destination for workers, residents and tourists alike

- Versatile access with dual frontages to both Bourke Street and Coromandel Place

- Flexible Capital City Zoning offers versatility for different uses as well as ability to reconfigure, reposition or redevelop in the future (STCA)

- Offered with vacant possession this blank canvas freehold is suitable for owner occupation, investment or redevelopment

- Prominent Bourke Street frontage with double height glass faade offering great exposure, natural light and signage opportunities

- Potential for rooftop activation and/or construction of additional levels (STCA) for hospitality, destination retail, office or residential uses

- Walking distance to Melbourne Central and Parliament Train Stations as well as direct access to major tram routes along Bourke, Collins, Spring and Swanston Streets

- An extremely rare opportunity to purchase a prime CBD freestanding asset in Melbournes East End

*approx.

To request an inspection or for more information please contact Gross Waddell or Colliers International as the selling agents.

Gross Waddell
Michael Gross +61 419 355 561
Raoul Salter +61 418 335 432

Colliers
Oliver Hay +61 419 528 540
Daniel Wolman +61 412 957 839
Chris Ling +61 419 294 346
Leon Ma +61 417 070 725

Property History for 143-145 Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$5,420,800
16 Mar 2021
Listed for Rent
$4.60k/w
19 Nov 2020
  • 16 Mar 2021
    Sold for $5,420,800
  • 13 Nov 2020
    Listed for Sale Contact Agent
  • 22 Oct 2019
    Listed for Rent - Price not available
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,238 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 251 properties listed for sale, and 177 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2765 properties were sold in the past 12 months in Melbourne.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.