Acland Street
BUY ME.
109 ACLAND STREET, ST KILDA
I’m a vibrant AND SECURE INVESTMENT IN ONE OF MELBOURNE’S MOST ICONIC LOCATIONS.
Joshua Colosimo Agency Executive 0413 790 309 joshua@astoncommercial.com.au Jeremy Gruzewski Executive Director 0422 211 021 jeremy@astoncommercial.com.au Let me introduce myself. YOUR EXCLUSIVE AGENTS, SAY HELLO TODAY. Fred Nucara Managing Director 0418 567 560 fred@astoncommercial.com.au
Acland Street
109 ACLAND STREET, ST
KILDA
The ultimate hospitality investment with long term lease to My Kind of Spicy - a popular local venue. Prominently located in the heart of one of Melbourne’s most iconic and vibrant beachside retail strips and supported by high levels of foot traffic.
BUY ME
$85,000*pa
5 YEAR LEASE RETURNING + GST + Outgoings (*as of 20th Nov 2023)
For Sale by Public Auction on Wednesday 4th October at 12 noon on-site.
211m 2* 111m 2*
TERMS OF SALE
10% Deposit with the balance payable in 60 days.
ZONING
Commercial 1 Zone – C1Z
BUILDING AREA: LAND AREA: 7 km*
FROM MELBOURNE CBD
I’M A VIBRANT AND POPULAR HOSPITALITY VENUE ON AN ICONIC STREET.
TENANT BUSINESS NAME: My Kind of Spicy
RENTAL: $85,000 + GST + Outgoings
LEASE TERM: Five (5) year lease
COMMENCEMENT: 20th November 2022
OPTIONS: Two (2) options of five (5) years
RENT REVIEWS: 4%
OUTGOINGS: Paid by tenant
Income is at November 2023
My Kind of Spicy is one of Acland Street’s most popular hospitality businesses. Set in the heart of the retail strip, My Kind of Spicy has become an institution amongst locals and those visiting Acland Street. Perfect for a sit-down dinner, lunch or even just a casual drink with friends.
Review rating of 4.8 stars
I’M SPACIOUS 211 m 2* .
The property is outlined on the certificate of title as follows.
Volume: 06521 Folio: 040
BUILDING DETAILS
ZONING
A prime two-level freehold set upon a Commercial 1 Zoned land allotment of 111m2*.
REAR ACCESS WITH ONE (1) ON-SITE CAR SPACE
111m 2*
1 ON-SITE
TENANCY AREA 211m 2*
MALE & FEMALE BATHROOM AMENITIES
GREASE TRAP AND EXHAUST CONNECTIONS
I’m hard-working and efficient.
I come alive at night!
I sit in the epicentre of culture.
AND ENTERTAINMENT IN ONE OF MELBOURNE’S MOST FAMOUS LIFESTYLE LOCATIONS
Acland Street is a bustling thoroughfare that winds its way through the heart of St Kilda. The street is renowned for its enchanting fusion of flavours, sights, and sounds.
As you walk along its pavement, you’re enveloped in a symphony of aromas emanating from the various cafes, eateries, and cake shops that line the sidewalks. As the sun dips below the horizon, Acland Street transforms into a hub of nightlife activity. Neon lights illuminate the facades, inviting patrons into a world of entertainment. Bars, pubs, and clubs come alive, each with its own ambiance, music, and character. The street’s vibrant nocturnal atmosphere makes it a gathering place for those seeking to revel in the pulsating energy of the city after dark.
WELL SERVICED BY:
SO MANY PEOPLE WALK PAST ME DAILY
I keep good company.
ST KILDA 3182.
One of Melbourne’s most vibrant and iconic suburbs, St Kilda is a thriving hub of activity and is home to some of Melbourne’s most iconic landmarks including The Esplanade Hotel, St Kilda
Sea Baths, St Kilda Pier and Luna Park
OVERVIEW OF WORKERS - CITY OF PORT PHILLIP
LIFESTYLE 20,046 Population $1,803 Median weekly household income 46.7% Have achieved Bachelor or Higher degree 48.6% Live Alone
City of Port Phillip $1,570,000 Median house price:
Live and work in the area:
Work in the area, but live outside:
Live in the area, but work outside:
ST KILDA
15,121
63,346
43,673
*According to REIV data as of 04/09/2023
BUY ME. FOR SALE BY PUBLIC AUCTION When and where? Wednesday 4th October at 12 noon on-site. Terms: 10% deposit with the balance payable in 60 days. Jeremy Gruzewski Executive Director 0422 211 021 jeremy@astoncommercial.com.au Make a private appointment with the exclusive agents INSPECT a contract of sale and vendors statement REQUEST Acland Street 109 ACLAND STREET, ST KILDA Joshua Colosimo Agency Executive 0413 790 309 joshua@astoncommercial.com.au Fred Nucara Managing Director 0418 567 560 fred@astoncommercial.com.au
DISCLAIMER
“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom.
*Approximate