GROUND FLOOR/640 Bourke Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

GROUND FLOOR/640 Bourke Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 3445m2
Land area: 1226m2
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Property Details for Ground Floor/640 Bourke St, Melbourne

Ground Floor/640 Bourke St, Melbourne is a 3 bedroom, 2 bathroom Unit. The property has a land size of 1226m2 and floor size of 3445m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Floor Size
3445m2
Land Size
1226m2
Local Government
Melbourne
Lot/Plan
5/PS320228

Last Listing description (September 2021)

FORMING PART OF THE 'MELBOURNE TRILOGY' PORTFOLIO

Enormous Melbourne CBD landholding of 2,764sqm*


Three (3) street frontages totalling 154 metres*

Permit approved for a 71 level mixed-use development comprising residential, retail, commercial and child care facilities, designed by Rothelowman Architects

Unrepeatable permit with a plot ratio of 30:1 (new planning guidelines dictate a maximum of 18:1)

Significant existing three (3) level office building and large single level warehouse

Outstanding location in the heart of the Melbourne CBD, moments from Southern Cross Train Station

Flanked by the Legal and Financial Precincts of the Melbourne CBD, and moments from Flagstaff Gardens and Train Station, Southern Cross Train Station, a number of prominent office towers, Crown Casino Complex, the waterfront Docklands Precinct and premium CBD retail amenity

International Expressions Of Interest Now Closed

For further information please contact the exclusive sales and marketing agents at CBRE:

MARK WIZEL
+ 61 409 809 868

LEWIS TONG
+ 61 421 870 833

JOSH RUTMAN
+ 61 499 881 202

JULIAN WHITE
+ 61 422 764 137

approx*

Property History for Ground Floor/640 Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$99,000,000
05 Apr 2019
  • 04 May 2025
    Listed for Sale $2,655,000
  • 05 Apr 2019
    Sold for $99,000,000
  • 28 May 2018
    Listed for Sale INTERNATIONAL EXPRESSIONS OF INTEREST NOW CLOSED
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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 64,255 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.
There are currently 297 properties listed for sale, and 159 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2688 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Cotality Copyright and Legal Disclaimers about Property Data
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.