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262-266 Inkerman Street St Kilda East VIC 3183

  • Shop & Retail
  • 236 m²
  • For Sale, Contact Agent

CASHFLOW TODAY, DEVELOP TOMORROW

    Aston Commercial in conjunction with DBRE Property are pleased to present 262-266 Inkerman Street, St Kilda East for Sale by Private Negotiation.

    Offered for the first time in over 50 years this truly is a rare offering. The prime corner allotment of 358sqm* is in the heart of the tightly held St Kilda East precinct, a prime city fringe suburb just 8 kilometres from the CBD. The property is securely leased to long standing tenants, Zanini Pizzeria and New Inkerman Drycleaners providing security of income.

    A flexible property that is ideal for either the Passive Investor seeking consistent solid returns or the Entrepreneurial Investor that can unlock the future development upside.
    With a Commercial 1 Zoning there is scope to explore multiple project options (some subject to Council Approval) in the future, whilst receiving regular rental income from the well-established tenants.

    Key highlights of this property include:
    Land Area: 358 sqm*
    Building Area: 236 sqm*
    Zoning: Commercial 1 (C1Z)
    Total Rental income: $78,846 per annum* plus outgoings and gst
    Future development potential (STCA)

    For further information, please contact the exclusive selling agents.

    *approx.

    Property Highlights

    Property ID2016653282
    Floor Area236 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  20 Nov 2020
    Map for 262-266 Inkerman Street St Kilda East VIC 3183
    Map for 262-266 Inkerman Street St Kilda East VIC 3183262-266 Inkerman Street St Kilda East VIC 3183
    Aston Commercial
    Level 1, 107-111 High Street Prahran VIC 3181

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