107 Acland Street, St Kilda

auction

SUPER PRIME RETAIL FREEHOLD

• Land Area: 111 sqm (approx)
• Building Area: 160 sqm (approx)
• Commercial 1 Zoning (C1Z)
• Rental: $120,000 per annum net (approx)
• Lease Term: 5 + 5 + 5 years (commenced February 2018)
• Review: Fixed 4% annual increases with market review on exercise of option
• ROW at rear
• Surrounded by National Retailers

Beller Commercial in conjunction with Gross Waddell are pleased to offer 107 Acland Street, St Kilda for sale by Public Auction on Friday 19th October 2018 at 12:00 noon on-site.

Presenting a fantastic two-level investment, with a restaurant downstairs and office upstairs. Positioned front and center on the iconic Acland Street, one of Melbourne’s most tightly held and sought after retail strips and tourist destinations.

We strongly recommended this versatile asset for your consideration.

Listing Highlights

  • Rental: $120,000 pa NET (approx)
  • Commercial 1 Zoning (C1Z)
  • Lease Term 5 + 5 + 5 years

Property Details


Asset Type
Retail

Building Area
160 m2*

Price
Contact Agent