DOMINANT HOSPITALITY INVESTMENT IN ICONIC ACLAND STREET

Fitzroys is delighted to offer 175 Acland Street St Kilda for sale Auction on Friday 13th November at 1pm on site.

Key attributes of this investment include:

•  High profile investment opportunity in the heart of the iconic Acland Street lifestyle precinct– A cornerstone of Melbourne’s hospitality and nightlife scene

•  5 year lease plus options until 2040 to long-term operator with the business running as ‘Jekyll & Hyde Bar’

•  Returning $195,000 + outgoings + GST with fixed 4% annual increases

•  Tenant trading with an ultra-rare 3AM Liquor License plus 300 patron limit

•  Extensive 321sqm* landholding with 7.3m* street frontage and favourable ‘Commercial 1’ zoning

•  Fully functioning 380sqm* hospitality venue across two levels, featuring public bar/dining areas, function space and commercial kitchen

•  Unrivalled position facing high foot traffic pedestrian throughfare and well supported by Route 96 tram at the doorstep and excellent public car park options nearby

•  Directly opposite Acland Court Shopping Centre (home to Coles, Priceline, Cellabrations and more) and immediately surrounded by host of recognised traders including Village Belle, La Roche, Piccolina, Rococo, Cotton On, Readings, Chemist Warehouse and more

For further information on this high yielding investment opportunity within globally recognised St Kilda lifestyle precinct, please contact Fitzroys selling agents Chris James or Tom Fisher.

*Approx.