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175 Bourke St 936 - 1,938 SF of Retail Space Available in Melbourne, VIC 3000
Highlights
- Corner location at Bourke and Russell Streets offering continuous foot traffic and strong brand visibility.
- Surrounded by leading hospitality, retail, and entertainment operators within Melbourne’s CBD core.
- Proximity to Parliament Railway Station, major tram routes, and multiple bus connections for optimal convenience.
- Located in a dense commercial and residential catchment area supporting a robust customer base.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,001 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 936 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
This freestanding retail property is positioned on one of Melbourne’s most dynamic corridors, offering unrivaled visibility just steps from the intersection of Bourke and Russell Streets. The location benefits from high pedestrian flow, strong daily traffic, and direct connectivity to Melbourne’s retail and dining precincts. The property spans three levels and presents a versatile configuration: prominent ground-floor retail space, an adaptable first-floor area, and an upper-level apartment suitable for ancillary office or live-work purposes. Large front windows enhance display opportunities, while surrounding premier retailers and entertainment venues attract consistent consumer activity that delivers true prominence. Access for tenants and visitors is seamless with tram lines at the doorstep, Parliament Station within a short walk, and multiple bus stops nearby. This is a rare opportunity to position a retail concept in the epicenter of the Melbourne CBD with exceptional amenity, connectivity, and exposure at its core.
- Can be combined with additional space(s) for up to 1,938 SF of adjacent space
1st Floor
This freestanding retail property is positioned on one of Melbourne’s most dynamic corridors, offering unrivaled visibility just steps from the intersection of Bourke and Russell Streets. The location benefits from high pedestrian flow, strong daily traffic, and direct connectivity to Melbourne’s retail and dining precincts. The property spans three levels and presents a versatile configuration: prominent ground-floor retail space, an adaptable first-floor area, and an upper-level apartment suitable for ancillary office or live-work purposes. Large front windows enhance display opportunities, while surrounding premier retailers and entertainment venues attract consistent consumer activity that delivers true prominence. Access for tenants and visitors is seamless with tram lines at the doorstep, Parliament Station within a short walk, and multiple bus stops nearby. This is a rare opportunity to position a retail concept in the epicenter of the Melbourne CBD with exceptional amenity, connectivity, and exposure at its core.
- Can be combined with additional space(s) for up to 1,938 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,938 SF | Gross Leasable Area | 3,391 SF |
| Property Type | Retail |
| Total Space Available | 1,938 SF |
| Property Type | Retail |
| Gross Leasable Area | 3,391 SF |
About the Property
The property is located at the intersection of Bourke and Russell Streets in Melbourne’s central business district. It consists of three floors totaling approximately 315 square meters and includes a combination of retail space and an upper-level residential apartment. The site is connected to multiple forms of public transport, including tram, bus, and train routes, with Parliament Station within walking distance. On-street parking is available nearby, and the immediate vicinity contains dining, hospitality, and retail establishments.
Nearby Major Retailers
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175 Bourke St
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