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64-66 Acland Street, ST KILDA, VIC 3182
St Kilda
+ Renewed Five (5) year lease to August 2024 plus option to August 2029
+ Lona: Popular bar and function venue with one of St Kilda’s largest outdoor dining areas (The Tenant owns and is responsible for the entire structure/fit out in the rear outdoor dining area)
+ Investor preferred net lease terms with tenant paying all usual outgoings excluding Land Tax
+ Well presented 295sqm venue including bar and restaurant
+ Significant recent tenant funded upgrade works with tenant funding construction of entire rear outdoor dining area (The Tenant owns and is responsible for the entire structure/fit out in the rear outdoor dining area)
+ Rare 617sqm Commercial 1 Zone (C1Z) landholding with important 12 metre frontage to Acland Street and ROW access
+ Major future redevelopment opportunity with zoning allowing for up to 4 storeys and basement (STCA)
+ Irreplaceable position opposite McDonalds, Luna Park, Palais Theatre and St Kilda beach
+ Within 300 metres of $550 million luxury Saint Moritz Development by Gurner – all pre-sold
+ Affluent inner metro suburb with $1,311,500 median house price*
+ St Kilda: World renowned beachside location only 6km from Melbourne CBD with 2 million visitors annually**
+ Net Income: $190,398pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021
*www.realestate.com.au
**www.budgetdirect.com.au
Remember to mention you found this property on DevelopmentReady
+ Renewed Five (5) year lease to August 2024 plus option to August 2029
+ Lona: Popular bar and function venue with one of St Kilda’s largest outdoor dining areas (The Tenant owns and is responsible for the entire structure/fit out in the rear outdoor dining area)
+ Investor preferred net lease terms with tenant paying all usual outgoings excluding Land Tax
+ Well presented 295sqm venue including bar and restaurant
+ Significant recent tenant funded upgrade works with tenant funding construction of entire rear outdoor dining area (The Tenant owns and is responsible for the entire structure/fit out in the rear outdoor dining area)
+ Rare 617sqm Commercial 1 Zone (C1Z) landholding with important 12 metre frontage to Acland Street and ROW access
+ Major future redevelopment opportunity with zoning allowing for up to 4 storeys and basement (STCA)
+ Irreplaceable position opposite McDonalds, Luna Park, Palais Theatre and St Kilda beach
+ Within 300 metres of $550 million luxury Saint Moritz Development by Gurner – all pre-sold
+ Affluent inner metro suburb with $1,311,500 median house price*
+ St Kilda: World renowned beachside location only 6km from Melbourne CBD with 2 million visitors annually**
+ Net Income: $190,398pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021
*www.realestate.com.au
**www.budgetdirect.com.au
Remember to mention you found this property on DevelopmentReady
64-66 Acland Street, ST KILDA, VIC 3182
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
