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Prominent Bourke Street Building Expected to Fetch $17 Million

A WEEK after music promoter Michael Coppel reaped $15 million from the sale of an under-utilised commercial building at a prominent CBD intersection opposite the State Library of Victoria – and even higher profile “corner site” has hit the market. The distinctive 1960s Bradman’s Handbags and Travel Goods building, at the north-west corner of Bourke and Swanston streets is expected to sell for about $17 million. On land of 134 square metres, the four-level building, which is part of the Bourke Street Mall, cannot be demolished, but can be reconfigured, and possibly extended, by a new buyer, sources say.

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  1. Malaysian Investors Buy Prominent Bourke Street Mall Building For $17 Million ONE of the Melbourne CBD’s most prominent retail buildings has sold to Malaysia-based investors for $17 million. The distinctive Bradmans Handbags building at the...
  2. Malaysian Investors Buy Prominent Bourke Street Mall Building For $17 Million ONE of the Melbourne CBD’s most prominent retail buildings has sold to Malaysia-based investors for $17 million. The distinctive Bradmans Handbags building at the...
  3. Michael Coppel to Sell Office at Prominent Melbourne CBD Corner MUSIC promoter Michael Coppel is offloading a low-rise office building with redevelopment potential at one of the CBD’s busiest intersections. Mr Coppel can expect...
  4. Coles to Sell Target Centre, Bourke Street, Melbourne WESFARMERS owned retail giant, Coles Group, is expected to make about $100 million from the sale of a prominent Bourke Street retail complex in...

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