Stonebridge Property Group & DGi Properties are pleased to present to the market 167 Fitzroy Street, St Kilda.
The asset has the following key investment features:
- Tenanted by Suzanne Lyttleton Lawyers, an established Melbourne based law firm specialising in Litigation, Property, Wills & Estates.
- Suzanne Lyttleton Lawyers have occupied the Fitzroy Street property for 6 years
- Boasting a recently renewed 3-year lease that is commencing on the 1st October 2023
- The 'set and forget' investment is bolstered by a lease that includes favourable CPI increases.
- The well exposed frontage of approximately 16 metres* to Fitzroy Street and modern 144 sqm* office / retail space is set to provide significant tax depreciation offsets and has the rare added benefit of 3 secure car parks on title
- Property also includes a large separate store-room with shower facilities
- Strategically located office/retail space at the centre of Fitzroy Street, just 200 m* to Woolworths and directly opposite lakeside drive parklands and the famed Albert Park sporting grounds
- Positioned on arguably the most heavily trafficked pocket of Fitzroy Street just 10 metres* from the corner of Lakeside Drive and Fitzroy Street
- Tram stop at property door step
167 Fitzroy Street, St Kilda is offered for sale via Public on-site Auction Friday 18th August at 10:30am (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Stonebridge Property Group:
Dylan Kilner
0459 396 341
Nic Hage
0448 782 594
Sarah Xi ???
0468 320 297
DGi Properties:
David Gargaro
0413 202 259
Tony Gargaro
0411 222 766
*Approximately
