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175 Acland Street
St Kilda VIC 3182
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Sold on 28 Mar 2024

175 Acland Street St Kilda VIC 3182

  • Shop & Retail
  • 380 m²
  • Sold

Iconic St Kilda Freehold Investment | Renewed Lease to 2030 Plus Options

    + Renewed lease to 2030 plus three (3) further five (5) year options through to 2045
    + Veludo Bar: Hospitality giant on site for over 10 years, licensed for 300 patrons
    + Strong and certain income growth with fixed annual, compounding 4% increases
    + Income: $194,780 pa* + GST (as at 1 June 2024)
    + Investor preferred net lease terms with

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    AUCTION

    Auction date and time27/03/2024 10:30
    Auction locationCrown Casino - River Room - Melbourne
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold28 Mar 2024
    Floor Area380 m²
    Land Area321 m²
    Property ID2019081201
    Category
    Last updated  28 Mar 2024
    Map for 175 Acland Street St Kilda VIC 3182

    Nearest transport* to 175 Acland Street St Kilda VIC 3182

    Bus
    Train
    Tram
    Acland St/Barkly St (St Kilda)57 m
    Acland St/Barkly St (St Kilda)63 m
    Blessington St/Barkly St (St Kilda)161 m
    Blessington St/Barkly St (St Kilda)169 m
    This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
    *Within a 4km radius
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    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold28 Mar 2024
    Floor Area380 m²
    Land Area321 m²
    Property ID2019081201
    Category
    Last updated  28 Mar 2024

    Co-Agents

    Jamie Perlinger
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 315
    Rick Jacobson
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 083

    More about 175 Acland Street St Kilda VIC 3182

    175 Acland Street St Kilda VIC 3182 is categorized as Shop & Retail Property. It has a floor area of 380 m² and a land area of 321 m². The listing ID for this property is 2019081201.

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