LEVEL 1/189-191 Bourke Street, Melbourne, VIC 3000 sold on 17 February 2026 | OnTheHouse
SOLD
Sold on 17 Feb 2026 for $5,550,000

LEVEL 1/189-191 Bourke Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for Level 1/189-191 Bourke St, Melbourne

Building Type
Commercial
Local Government
Melbourne
Lot/Plan
1/TP603361

Last Listing description (May 2020)

Fully Fitted Food Tenancy

189-191 Bourke Street, Melbourne is an older three level building on the southern side of Bourke Street. The building provides a ground floor retail tenancy with approximately 8 metres of shop frontage direct to Bourke Street. The upper levels of the building are commercial office space. Cushman & Wakefield are pleased to present this opportunity now available to lease. The tenancy is currently fully fitted for fast casual dining with exhaust, grease trap, full kitchen, cool-rooms etc. It offers a total retail area of 170 square metres*. The opportunity is situated near the intersection of Russell and Bourke Streets, close to Bourke Street Mall and the Chinatown precinct. This area is well known for its proximity to Chinatown food and beverage offerings as well as fast food offers including McDonalds, KFC and Hungry Jacks which are all nearby. For further information, or to arrange an inspection, please contact the Cushman & Wakefield retail team. * approx.

Property History for Level 1/189-191 Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$5,550,000
17 Feb 2026
  • 15 Nov 2019
    Listed for Rent - Price not available
  • 14 Sep 2018
    Listed for Sale By Negotiation
  • 22 Mar 2017
    Listed for Rent - Price not available
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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 64,368 properties. Over the last 5 years, Houses in Melbourne have seen a 1.23% increase in median value, while Units have seen a -5.07% decrease. As at 31 May 2026:

  • The median value for Houses in Melbourne is $1,426,624 while the median value for Units is $434,769.
  • Houses have a median rent of $718 while Units have a median rent of $680.
There are currently 301 properties listed for sale, and 200 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2606 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.