Substantial St Kilda site comprising 5 retail shops and 14 apartments with prominent frontage to the renowned Fitzroy Street St Kilda. The properties are being offered for sale separately or in one line by Joseph Walton and Michael Ryan of Allard Shelton.
Substantial St Kilda site comprising 5 retail shops and 14 apartments with prominent frontage to the renowned Fitzroy Street St Kilda. The properties are being offered for sale separately or in one line by Joseph Walton and Michael Ryan of Allard Shelton.
Located on the eastern side of Fitzroy Street, directly opposite St Kilda’s appealing foreshore – just 6 kilometres * south of Melbourne’s CBD.
St Kilda is one of Melbourne’s most popular and vibrant beachside suburbs.
The property benefits from its superb location on one of Melbourne’s most vibrant and cosmopolitan commercial/retail strips, within one of Melbourne’s most popular beachside suburbs, renowned world-wide for its eclectic mix of culture, fashion, galleries, cool cafes, restaurants and bars and live music venues.
Located directly opposite St Kilda’s iconic foreshore, Melbourne’s best playground by the sea, the property is also located just minutes from popular Acland Street Village, Melbourne’s Luna Park and the Palais Theatre.
St Kilda is just minutes away from the Melbourne CBD and enjoys easy access to major arterial roadways, including St Kilda Road, Marine Parade and Beaconsfield Parade.
Public transport facilities abound, including tram services on Fitzroy Street and the St Kilda light rail station, within walking distance from the subject property.
St Kilda is undergoing a revitalisation, seeing it become home to a number of new developments and popular restaurants and entertainment venues.
A prominent three storey building, which comprises 3 ground floor retail shops and 10 upper level residential apartments. The apartments include 4x 2 bedrooms plus sunroom, 4x 1 bedroom plus sunroom, 1x 1 bedroom and 1x 1 studio apartment.The property comprises a total building area of 1,093 square metres* with a frontage to Fitzroy Street and a rear laneway, which provides access to onsite car parking.
The property has planning approval for strata subdivision, which provides a fantastic opportunity to hold in separate entities or, alternatively, sell down for a profit.
For Sale by Expressions of Interest closing Thursday 25 March 2021 at 2pm.
Register here for a copy of the Information Memorandum.
For more information please email either of the marketing agents Joseph Walton or Michael Ryan of Allard Shelton via the contact details in the contact form below.
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