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Conquest Estate Agency - MALVERN

161A Fitzroy Street St Kilda, VIC 3182

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161A Fitzroy Street,
St Kilda, VIC 3182

Shops & Retail

Key property information

Floor area

Tenure type

Sold on

Map of 161A Fitzroy Street

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SOLD - Exceptional Investment Opportunity

Conquest Commercial is pleased to offer for sale Lot 1, 161A Fitzroy Street, St Kilda, a secure, long-term retail investment in one of Melbourne’s most vibrant lifestyle precincts.

This 222 sqm* ground floor retail space sits beneath the prestigious Halo Development consisting of 157 apartments over 9 levels. Internationally recognised tenant Anytime Fitness whose lease commencement in the adjoining tenancy began in 2015, has now expanded into Lot 1, securing their long-term presence with a completely renovated brand-new, state-of-the-art gym fitout across the whole ground floor.

Investment Highlights:

Tenant: Anytime Fitness, one of the world’s largest fitness franchise operators boasting 5,000 + clubs* across 50 + countries*
Lease Commencement: 23 June 2025
Term: 10 years + 2 further terms of 5 years
Commencing Rental: $104,000 per annum + Outgoings + GST
Annual Reviews: Fixed 5% increases
2 carspaces on title

Location Benefits


Prominently positioned at the top of Fitzroy Street, directly opposite Albert Park Lake
Strong passing trade, loyal existing clientele and established residential catchment

This is a “set and forget” retail investment, backed by a global brand, strong lease covenant, and favourable landlord lease terms in an exceptional inner bayside location.

Inspections are sure to impress.

For further information or to arrange an inspection, please contact:

Luke Conquest 0432 328 6...

*Approx.

St Kilda, 3182 demographic data

The median household income for St Kilda is $1,779, 6% lower than Greater Melbourne's household income of $1,901. St Kilda has a younger age profile compared to the rest of Greater Melbourne (median age 36 vs 37). Property ownership data shows 60% of property owners in St Kilda have a mortgage.

19,490
Population
$1,779 per week
Median household income
36 years
Median age
Renters
Most residents
Singles
Most households

Conquest Estate Agency - MALVERN

39A Glenferrie Road
MALVERN, VIC 3144
0432 328 6...
Conquest Estate Agency - MALVERN
161A Fitzroy Street
St Kilda, VIC 3182

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