BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:HISTORIC LANDMARK FREEHOLD - LONG SECURE INVESTMENT TO NATIONA L TENANT\nCrabtrees Real Estate is proud to present 24 Grey Street\, St K ilda for Sale via Expressions of Interest closing Wednesday 20th May at 3 pm.\n\nThis is an exceptionally rare opportunity to acquire a standalone\ , three level landmark building in the heart of St Kilda\, securely lease d to renowned national hospitality operator Bounce.\n\nA former iconic co ffee palace\, this heritage listed landmark is rich in Australian history and offers far more than accommodation delivering character\, scale and long term stability in a premier lifestyle precinct. Now offered to the m arket for only the second time in over 60 years\, it presents unrivalled positioning and exceptional future development potential providing a rare chance to secure a prized freehold in the heart of St Kilda.\n\nLease Hi ghlights: \n+ Long lease commencing November 2021\n+ One (1) further term of Ten (10) years\n+ Returning $525\,000 per annum + GST + Outgoings PLU S Turnover Rent\n+ Annual rental increases\n+ Leased to BOUNCE St Kilda P ty Ltd\n\nProperty Features: \n+ Iconic 610 sqm* standalone landholding\n + 1\,680 sqm* total building area across three levels\n+ 42 guest rooms w ith mix of accommodation with ample amenities\n+ Cafe\, common area socia l rooms\, ground floor bar plus rooftop bar with Liquor Licenses\n+ Maint ained in outstanding condition throughout\n\nSecure income\, iconic chara cter\, and powerful development potential combine to make 24 Grey Street one of St Kilda's most compelling freehold offerings. Act now to secure a n asset that will continue to deliver for decades to come.\n\nCrabtrees R eal Estate is built on history\, reputation and expertise.\n\nWe offer a level of knowledge others can't match.\n\nOur team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial\, Industrial and Retail Property needs today so ca ll or email NOW! DTEND:20260520T120000 DTSTAMP:20260417T093444Z DTSTART:20260520T120000 SEQUENCE:0 SUMMARY:Expression Of Interest: 24 Grey Street\, St Kilda VIC UID:CRE-2020772142-EOI X-ALT-DESC;FMTTYPE=text/html:< title>

HISTORIC LANDMARK FREEHOLD - LONG S ECURE INVESTMENT TO NATIONAL TENANT
Crabtrees Real Estate is proud to present 24 Grey Street\, St Kilda for Sale via Expressions of Interest closing Wednesday 20th May at 3pm.

This is an exceptionally rare opportunity to acquire a standalone\, three level landmark building in the heart of St Kilda\, securely leased to renowned national hospital ity operator Bounce.

A former iconic coffee palace\, this he ritage listed landmark is rich in Australian history and offers far more than accommodation delivering character\, scale and long term stability i n a premier lifestyle precinct. Now offered to the market for only the se cond time in over 60 years\, it presents unrivalled positioning and excep tional future development potential providing a rare chance to secure a p rized freehold in the heart of St Kilda.

Lease Highlights:
+ Long lease commencing November 2021
+ One (1) further term of Ten (10) years
+ Returning $525\,000 per annum + GST + Outgoings PLUS Turnover Rent
+ Annual rental increases
+ Leased to BOU NCE St Kilda Pty Ltd

Property Features:
+ Iconic 610 sqm* standalone landholding
+ 1\,680 sqm* total building area acros s three levels
+ 42 guest rooms with mix of accommodation with ampl e amenities
+ Cafe\, common area social rooms\, ground floor bar pl us rooftop bar with Liquor Licenses
+ Maintained in outstanding con dition throughout

Secure income\, iconic character\, and pow erful development potential combine to make 24 Grey Street one of St Kild a's most compelling freehold offerings. Act now to secure an asset that w ill continue to deliver for decades to come.

Crabtrees Real Estate is built on history\, reputation and expertise.

We of fer a level of knowledge others can't match.

Our team strate gically located across the eastern and south eastern corridors of Melbour ne are ready to handle your Commercial\, Industrial and Retail Property n eeds today so call or email NOW!

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