• Outstanding Investment Opportunity for SMSF or the Astute Investor
• Building Area: 78 sqm (approx)
• Current Rental: $37,000 pa (approx)
• Secured brand new seven (7) year lease with options
• Set annual increases of 4%
• Zoning: Commercial 1
Situated in the lovely Bayside Suburb of St Kilda below the newly completed ‘181 Fitzroy Street’ Mixed Use Development consisting of 151 apartments, this ground floor retail tenancy with prominent street frontage to Fitzroy Street, opposite Albert Park and only moments from St Kilda Beach offers the ideal investment opportunity.
Surrounded by some of Melbourne’s most iconic local businesses such as the recently refurbished St Hotel, The George Hotel, Anytime Fitness, Adina Hotels and not to mention numerous local eateries and Local Retail Shops, you couldn’t ask for a better position in one of Melbourne’s fastest and high growth locations.