St Kilda 146 St Kilda Road

Potential for 3 bed/2 bath (Subject to council approval)
70,000+ vehicles passing daily
365sqm* multi-level building
Commercial 1 zoning
Burgess Rawson, on behalf of the Liquidators, are pleased to offer to the market Ground Floor, 146 St Kilda Road, St Kilda VIC for auction via Portfolio Auction Investment 168.

The property has the following key highlights:

+ Offered for sale on behalf of the Liquidators – must be sold
+ First time offered in over 40 years
+ Blank canvas - opportunity to occupy, invest or upgrade
+ Multi-level, 365 sqm* building area inclusive of a 52 sqm* rear staff amenities section or potential separate studio apartment**
+ Irreplaceable corner position with dual street frontage and exposure to both St Kilda Road and Alma Road, two major arterial roads servicing over 70,000 cars passing daily***
+ St Kilda Road: Established commercial and residential precinct and important gateway connecting the Nepean Highway and Eastern and Bayside suburbs to the Melbourne CBD
+ Premium Commercial 1 Zoning (C1Z) allows for a variety of uses including retail, office and medical
+ Important rear lane access
+ Excellent public transport amenity nearby including various tram routes at the doorstep
+ St Kilda: Affluent inner metro suburb with $1,550,000 median house price****
+ St Kilda: World renowned location only 6km from Melbourne CBD with 1.38 million visitors annually*****
+ City of Port Phillip: A significant metro Melbourne LGA with a current population of 117,711 residents that is forecast to grow 42.2% to 167,363 by 2041 ******
+ Potential Fully Leased Income: $78,200 pa* + GST

To be sold by Investment Portfolio Auction:
10:30am AEST
Tuesday, 14 May 2024
River Room, Crown Casino, Melbourne

*Approximately
**Subject to Council and Owners Corp Approval
***GapMaps
****Realestate.com.au
*****St Kilda Melbourne
******Forecast.id

Property Information

• Land area approx 365sqm
• Floor area approx 365sqm