St Kilda VIC 3182
- Shop & Retail
- 6,800 - 6,900 m²
- Expressions of Interest
Hybrid Investment of pot. $1.0m pa of 8 retail stores and accommodation with DA
- Apartments/Hotel or serviced apartment
- Development GFA - 12,379 sq
The property offers 1924 sqm of land with two street frontages. This unique property offers 8 retail stores, above levels hosting 40 rooms now let on residential leases providing a unique hybrid investment in the heart of St Kilda. The property also provides a Permit approval at the back of the the property for additional 54 apartments, carparks, bike racks and storage units that faces behind and from Jackson Street.
The total GFA is 12,379 sqm with current use and the addition approved DA permit.
Possible rent return is in excess of $1.0m p.a.
EXPRESSION OF INTEREST
|Closing date and time||28/02/2019 17:00|
|Recipient name||Michelle Matthews|
|Delivery address||Level1/459 Toorak Road Toorak 3142|
|Floor Area||6,800 - 6,900 m²|
|Land Area||1,920 - 1,990 m²|
|Parking||54 x Onsite parkings|
|Building Type||Partial building|
|Annual Return||Ask Agent|
|Last updated||1 Oct 2020|
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