173-179 Barkly Street,
St Kilda, VIC 3182

Shops & Retail • Hotel, Motel & Leisure • Offices

Key property information

Floor area

Car spaces

Property extent

Tenure type

Sold on

Map of 173-179 Barkly Street

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A CORNER SLICE OF PRIME ST KILDA RETAIL LEASED TO POPULAR ITALIAN RESTAURANT

Ten (10) year net lease to Itali.co
Highly exposed 237sqm* corner
Three (3) car parks included

CBRE Melbourne Strip Retail Investments are proud to present to the market, 173-179 Barkly Street, St Kilda being offered for sale via Public On-Site Auction Friday 30th June at 12:30pm.

- Ten (10) year net lease to popular Italian restaurant Itali.co

- Highly exposed 237sqm* retail shop, including three (3) on title car parks

- Annual income of $144,133 (to be increased in October 2017) with fixed 3.5% increases

- A strategic corner position at the gateway to St Kilda, one of Melbourne’s most popular retail and tourist destinations

- Take advantage of significant land tax and depreciation tax benefits

*approx

Should you wish to discuss this exciting opportunity further, please contact any of the below exclusive selling agents:

Rorey James
0439 400 081

Nic Hage
0448 782 594

Guy Naselli
0413 750 744

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