GROUND FLOOR/360 Little Bourke StreetMelbourne VIC 3000
Property Details for Ground Floor/360 Little Bourke St, Melbourne
Last Listing description (January 2024)
A COVETED CORNER CBD FREEHOLD WITH PLANNING APPROVAL
JLL Melbourne CBD Sales and Cushman & Wakefield have the exclusive privilege of offering for sale 'Melbourne House' An iconic central CBD freehold with exceptional development potential.
Key details of the opportunity include:
+ Iconic Melbourne CBD freehold set upon a major corner landholding of 939sqm*
+Planning approval for a 14-storey commercial + retail project featuring 10,822sqm GFA
+Previously permitted for a high-end 322 room hotel
+ Versatile Capital City 1 Zoning allows for a multitude of development outcomes, including hotel, living (BTS, BTR & co-living), PBSA, retail, hospitality and/or mixed-use (STCA)
+A timeless existing building of 4,587sqm* NLA which can be refurbished and/or repositioned to capitalise on strong occupier demand in Melbourne's retail core
+ Located within the city's most vibrant commercial hub, being a true 24/7 precinct endorsed by workers, students, tourists and local residents, with some of the best eateries, nightlife, shopping and tourism destinations all within a block of the site
+ A hyperconnected location within immediate proximity to the very best the city has to offer Bourke Street Mall, Emporium Melbourne, Melbourne Central, Hardware Lane and several transport networks
+ NABERS exempt
+ One of just 3 permitted sites to be offered for sale in the Melbourne CBD in 2023
*Approximately.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents:
JLL
Josh Rutman | 0411 27 37 46
Tim Carr | 0415 767 915
Nick Peden | 0402 011 266
MingXuan Li | 0498 688 998
Cushman & Wakefield
Oliver Hay | 0419 528 540
Daniel Wolman | 0412 957 839
Leon Ma | 0417 070 725
Iconic Melbourne CBD corner freehold
Planning approval for a 14-storey project
Versatile Capital City 1 Zoning
Property History for Ground Floor/360 Little Bourke St, Melbourne, VIC 3000
- 14 Aug 2023Listed for Sale Contact the JLL Melbourne and Cushman & Wakefield Agents
- 28 Sep 2017Listed for Sale Not Disclosed
Recent sales nearby
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About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,343 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:
- The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
- Houses have a median rent of $700 while Units have a median rent of $675.
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