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63-73 Fitzroy Street St Kilda VIC 3182

  • Development / Land
  • 1,924 m²
  • Expressions of Interest

1,924SQM* OF PRIME ST KILDA LAND WITH INCOME

    TeskaCarson have the exclusive privilege of offering to the market 63-73 Fitzroy Street, St Kilda, for sale by Expressions of Interest closing Wednesday 10th November at 3pm.

    Situated in the heart of St Kilda's lively hospitality and entertainment strip, 63-73 Fitzroy Street presents an outstanding opportunity to secure a prominent freehold comprising eight (8) retail shops, forty (40) studio apartments plus substantial carpark that is primed for development.

    Key investment highlights include:

    - 1,924sqm super site benefitting from 47 metres of retail street frontage.

    - Significant rental upside with potential fully let income of $960,000 per annum Net.

    - Perfectly suited for investors, value-add buyers and developers looking to part or fully develop the site.

    - Commercial 1 Zone allows a multitude of development outcomes, including hotel & short stay accommodation, co-living, residential, office or build-to-rent.

    - Planning permit allows for a 5 level residential project designed by Cactus Architects.

    - Ideally positioned 600 metres from St Kilda beach, a major tourist hub and drawcard for the area.

    - St Kilda has evolved into a highly sought after and prosperous bayside location, with popular retail and entertainment precincts, Carlisle & Acland Streets is in close proximity.

    - The immediate area has seen significant gentrification and growth in recent years, as well as a number of high-profile residential, hotel and commercial developments, the most notable projects being the Victorian Pride Centre as well as Gurner TM in partnership with Barana Groups redevelopment of the Novotel St Kilda Hotel.

    *approximate

    Please do not hesitate to call for further information.

    Luke Bisset +61 400 344 211
    Michael Ludski +61 419 02 02 03

    EXPRESSION OF INTEREST

    Closing date and time10/11/2021 15:00
    Recipient nameAsk Agent
    Delivery addressAsk Agent
    Luke Bisset
    Teska & Carson
    Luke Bisset
    Teska & Carson
    Michael Ludski
    Teska & Carson
    Michael Ludski
    Teska & Carson

    Property Highlights

    Property ID2017310813
    Floor Area1,800 m²
    Land Area1,924 m²
    Parking37 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  12 Oct 2021
    Map for 63-73 Fitzroy Street St Kilda VIC 3182
    Map for 63-73 Fitzroy Street St Kilda VIC 318263-73 Fitzroy Street St Kilda VIC 3182
    Luke Bisset
    Teska & Carson
    Luke Bisset
    Teska & Carson
    Michael Ludski
    Teska & Carson
    Michael Ludski
    Teska & Carson

    Property Highlights

    Property ID2017310813
    Floor Area1,800 m²
    Land Area1,924 m²
    Parking37 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  12 Oct 2021
    Teska & Carson
    6 Yorkshire Street Richmond VIC 3121
    Luke Bisset
    Teska & Carson
    Luke Bisset
    Teska & Carson
    Michael Ludski
    Teska & Carson
    Michael Ludski
    Teska & Carson
    Luke Bisset

    Luke Bisset

    Teska & Carson

    Michael Ludski

    Michael Ludski

    Teska & Carson

    0400 *** ***
    0400 344 211

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