205 Barkly Street,
St Kilda, VIC 3182
Shops & Retail
Key property information
Land area
Floor area
Tenure type
Sold on
Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
205 Barkly Street
St Kilda, VIC 3182
Map of 205 Barkly Street
A TASTY INVESTMENT
- Established business
- New 5-year lease + options
- High exposure retail location
*****SOLD*****
Gross Waddell ICR is pleased this superbly located retail investment located in the thriving St Kilda retail and entertainment precinct, as part of the ‘Signature Auction Portfolio’.
https://gwicrsignatureauctionseries.com.au/
• Positioned in the centre of St Kilda’s retail/restaurant precinct with abundance of lifestyle amenities
• New 5-year lease with 2 further 5-year options
• The first and original store of the highly successful and expanding ‘Fat Jaks’ with 7 stores currently in operation
• Net income of $52,000 per annum* with fixed 3% annual increases
• Located on the preferred western side of Barkly Street and one door from the corner of Acland Street
• Exceptional 140 sqm* land holding with a favourable Commercial 1 Zone (C1Z) and a right of way at the rear
• Within 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)
The property is to be sold via Public Auction as part of the ‘Signature Auction Portfolio’ and held at Leonda by the Yarra from 11 am on Thursday the 7th of April 2022. For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
Gross Waddell ICR is pleased this superbly located retail investment located in the thriving St Kilda retail and entertainment precinct, as part of the ‘Signature Auction Portfolio’.
https://gwicrsignatureauctionseries.com.au/
• Positioned in the centre of St Kilda’s retail/restaurant precinct with abundance of lifestyle amenities
• New 5-year lease with 2 further 5-year options
• The first and original store of the highly successful and expanding ‘Fat Jaks’ with 7 stores currently in operation
• Net income of $52,000 per annum* with fixed 3% annual increases
• Located on the preferred western side of Barkly Street and one door from the corner of Acland Street
• Exceptional 140 sqm* land holding with a favourable Commercial 1 Zone (C1Z) and a right of way at the rear
• Within 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)
The property is to be sold via Public Auction as part of the ‘Signature Auction Portfolio’ and held at Leonda by the Yarra from 11 am on Thursday the 7th of April 2022. For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*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
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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