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Allard Shelton - MELBOURNE

7, 9 & 11-15 Fitzroy Street St Kilda, VIC 3182

7, 9 & 11-15 Fitzroy Street,
St Kilda, VIC 3182

Development Sites & Land • Shops & Retail

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Allard Shelton - MELBOURNE
Joseph Walton

Allard Shelton - MELBOURNE

Level 3, 267 Collins Street
MELBOURNE, VIC 3000
04173093...
Allard Shelton - MELBOURNE
7, 9 & 11-15 Fitzroy Street
St Kilda, VIC 3182

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LANDMARK OPPORTUNITY WITH ENORMOUS UPSIDE IN ICONIC ST KILDA

  • TO BE SOLD SEPARATELY OR IN ONE LINE
  • THREE OUTSTANDING FREEHOLDS WITH UPSIDE
  • OPPOSITE ST KILDA'S ICONIC FORESHORE
Expressions of Interest currently under review.

* Substantial site comprising 5 retail shops and 14 apartments
* Three outstanding freeholds (separate titles) with a combined land area of 1,335sqm*
* Combined income of $659,400 pa (plus GST) with a potential income of $774,400 pa (plus GST)*
* Huge 30 metre* combined frontage to popular Fitzroy Street plus rear laneway frontage
* Fantastic investment opportunity with huge upside
* Located opposite St Kilda's iconic foreshore and within one of Melbourne's most popular bayside suburbs
* To be sold individually or in one line

7 FITZROY STREET
* Land area: 120sqm*
* Building area: 180sqm*
* Fitzroy Street frontage: 4.8m*
* Current Income: $26,000 pa* (plus GST)
* Potential Income: $101,000 pa* (plus GST)

9 FITZROY STREET
* Land area: 368sqm*
* Building area: 600sqm*
* Fitzroy Street frontage: 6.68m*
* Current Income: $184,820 pa* (plus GST)

11-15 FITZROY STREET
* Land area: 847sqm*
* Building area: 1,093sqm*
* Fitzroy Street frontage: 18.3m*
* Current Income: $448,580 pa* (plus GST)
* Potential Income: $488,580 pa* (plus GST)
* Permit for strata sub-division

CALL TODAY FOR AN IMMEDIATE INSPECTION

*approx

Property ID: 503769634Last Updated: 17 Jun 2021

Allard Shelton - MELBOURNE
Level 3, 267 Collins Street
MELBOURNE, VIC 3000
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