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Gross Waddell ICR - Commercial

221 Barkly Street St Kilda, VIC 3182

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221 Barkly Street,
St Kilda, VIC 3182

Shops & Retail

Price information

Sold

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Key property information

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Tenure type

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Gross Waddell ICR - Commercial
Michael Gross
Danny Clark
Alex Ham

Gross Waddell ICR - Commercial

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR - Commercial
221 Barkly Street
St Kilda, VIC 3182

Map of 221 Barkly Street

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AFFORDABLE ST KILDA INVESTMENT

  • Established business
  • Rear lane access
  • Bustling retail/restaurant precinct
** SOLD **

Gross Waddell ICR is pleased this prime retail investment located in the thriving St Kilda retail and entertainment precinct.

• Superbly positioned retail investment within St Kilda’s Acland Street retail/restaurant precinct with abundance of lifestyle amenities

• Leased to ‘That Burger Joint’

• New 5-year lease (comm. 1st March 2022) + option

• Net income of $37,800 per annum* with fixed 3% annual increases

• Located on the preferred western side of Barkly Street and 55m* south of Acland Street

• Exceptional 138 sqm* land holding with a favourable Commercial 1 Zone (C1Z) and a right of way at the rear

• Within by an eclectic and established retail catchment which houses an array of local and national retailers and food operators

• Located within the inner bayside suburb of St Kilda which boasts a median house price of $1,800,000 (source REIV)

For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*Approx.

Property ID: 504027259Last Updated: 29 Sep 2022

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