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Gross Waddell ICR - Commercial

208 Barkly Street St Kilda, VIC 3182

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208 Barkly Street,
St Kilda, VIC 3182

Shops & Retail

Key property information

Land area

Floor area

Tenure type

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Gross Waddell ICR - Commercial
Andrew Greenway
Alex Ham

Gross Waddell ICR - Commercial

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR - Commercial
208 Barkly Street
St Kilda, VIC 3182

Map of 208 Barkly Street

Directions

ENTRY LEVEL INVESTMENT OPPORTUNITY IN SOUGHT AFTER BAYSIDE SUBURB

******* SOLD AT AUCTION *******


208 Barkly Street comprises an affordable retail investment located within the popular bayside suburb of St Kilda and opposite the southern end of busy Acland Street surrounded by a plethora of cafes, restaurants, nightlife, service retail and numerous transport options.

New lease to the head office of Alter It Clothing Alterations, who have occupied the property for over 10 years.

Property Highlights include:

- Rental: $45,000* p.a

- 5 year lease plus option to longstanding tenant

- Annual fixed 3.5% increases + market review at option

- Located within St Kilda’s Acland Street retail precinct with abundance of lifestyle amenities

Auction: Thursday 24th February 2022 at 12pm on-site

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

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