10/60 Fitzroy Street,
ST KILDA

THE DEAL

Where Canterbury Road meets the pulse of Fitzroy Street, this single-level retail office offers a rare chance to tap into St Kilda's electric energy. Sitting right on the platform at the end of the St Kilda light rail station and adjoining the Metropol Development, the location guarantees a steady stream of foot traffic and a built-in audience ready to engage. With 55 sqm (approx) of versatile space, there's room to shape an environment that draws people in and keeps them coming back.

Surrounded by St Kilda icons like Lola, The Fifth Province Irish Bar and The George Hotel and only minutes from the iconic foreshore, this ultra-central address delivers instant recognition and a dynamic customer base. Priced at $30,500 plus outgoings and GST, it's an intelligent move for those ready to make an impact in one of Melbourne's most vibrant suburbs, with a 3 + 3-year lease that began in June 2023, ensuring stable income and annual 3% rent increases. With rates at $2,300 per year and owners corporation fees of $3,130 plus GST, the ongoing costs are manageable while the potential for steady rental growth makes this a smart long-term asset.

SEALS THE DEAL

An unbeatable location with visibility, a platform for success and endless potential. Simply put:

- Fantastic retail/office investment

- Accessible to 96 light rail station

- High growth area with high visibility

- Rates $2,300 p/a

- Owners Corporation fees $3130 plus GST

- Current lease commencement date 01/06/2023

- Three plus three year lease term.

- Annual rent increases of 3%.