Watch Watch
Your home of Development Ready videos
Watch Watch
All Videos
Back
Sold Check
Back to results
Properties / Sold / Victoria / St Kilda
Save
Share
Sold

64-66 Acland Street, ST KILDA, VIC 3182

+15 Photos
/
Images
Close
64-66 Acland Street, ST KILDA, VIC 3182
×
Sold Check
+17 Photos
64-66 Acland Street, ST KILDA, VIC 3182

64-66 Acland Street, ST KILDA, VIC 3182

Properties / Sold / Victoria / St Kilda
Development Potential

1. Property Summary

Property Type
Commercial
Land Area
617 m² (*approx)
Selling Method
Auction: Price on Request
Show All

2. Property Highlights

Trophy St Kilda Investment Opposite McDonalds – Major Future Redevelopment Opportunity
  • Rare 617sqm site – ROW access
  • Zoning allows for 4 storeys (STCA)
  • Renewed 5 year lease plus option

+ 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

Read More

1. Property Summary

Property Type
Commercial
Land Area
617 m² (*approx)
Selling method
Auction: Price on Request

2. Property Highlights

Trophy St Kilda Investment Opposite McDonalds – Major Future Redevelopment Opportunity
  • Rare 617sqm site – ROW access
  • Zoning allows for 4 storeys (STCA)
  • Renewed 5 year lease plus option

+ 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

Read More
Development Potential
Raoul Holderhead
Raoul Holderhead
+61 *** *** *** show +61 413 860 304
Zomart He 何梓轩
Zomart He 何梓轩
+61 *** *** *** show +61 488 220 830
Beau Coulter
Beau Coulter
+61 *** *** *** show +61 413 839 898
Paul Farrelly
Paul Farrelly
+61 *** *** *** show +61 418 358 998

Download Development Site Report

3. Property Location

64-66 Acland Street, ST KILDA, VIC 3182

Property Map
Street View

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
64-66 Acland Street, ST KILDA, VIC 3182 St Kilda
Burgess Rawson
Burgess Rawson
Level 20, 150 Lonsdale Street, Melbourne VIC 3000
View Agency Profile
Raoul Holderhead
Raoul Holderhead
+61 *** *** *** show +61 413 860 304
Zomart He 何梓轩
Zomart He 何梓轩
+61 *** *** *** show +61 488 220 830
Beau Coulter
Beau Coulter
+61 *** *** *** show +61 413 839 898
Sutherland Farrelly - East Melbourne
Sutherland Farrelly - East Melbourne
43 Agnes Street, East Melbourne, Vic 3002
Paul Farrelly
Paul Farrelly
+61 *** *** *** show +61 418 358 998