100 Barkly Street,
St Kilda, VIC 3182
Shops & Retail • Showrooms & Large Format Retail • Offices
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Map of 100 Barkly Street
100 Barkly Street, St Kilda
Stonebridge Property Group is pleased to confirm the ‘off market’ sale of 100 Barkly Street, St Kilda.
Due to heritage restrictions that provided little scope for future development, the asset was offered as a pure investment. We recognised early in the off-market process that firming up the quality of each tenancy was key to buyer engagement and achieving yield compression.
A concise document that outlined the longevity of each tenant, coupled with the background on each business and their performance during COVID was used to provide buyers confidence.
This strategy resulted in a very strong price and sharp yield under 4%, setting a record for land values in Barkly Street.
The property was purchased by a first-time commercial investor backed by offshore capital. The Stonebridge Asia Practice team had been working with the buyer for 9 months, educating them on the market and ensuring they purchased through Stonebridge.
For any questions regarding the sale, please contact Stonebridge Property Group:
Nic Hage
0448 782 5...
Rorey James
0439 400 0...
Sarah Xi
0468 320 2...
Property Code: 559
Due to heritage restrictions that provided little scope for future development, the asset was offered as a pure investment. We recognised early in the off-market process that firming up the quality of each tenancy was key to buyer engagement and achieving yield compression.
A concise document that outlined the longevity of each tenant, coupled with the background on each business and their performance during COVID was used to provide buyers confidence.
This strategy resulted in a very strong price and sharp yield under 4%, setting a record for land values in Barkly Street.
The property was purchased by a first-time commercial investor backed by offshore capital. The Stonebridge Asia Practice team had been working with the buyer for 9 months, educating them on the market and ensuring they purchased through Stonebridge.
For any questions regarding the sale, please contact Stonebridge Property Group:
Nic Hage
0448 782 5...
Rorey James
0439 400 0...
Sarah Xi
0468 320 2...
Property Code: 559
Property ID: 504227340Last Updated: 19 Jan 2023
100 Barkly Street
St Kilda, VIC 3182
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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147-149 Chapel Street,St Kilda, VIC 3182 1392 m²Shops & Retail • Offices • Development Sites & Land