Introduction

Aston Commercial and DBRE Property are excited to offer 262-266 Inkerman Street, St Kilda East for sale by Public Auction.

Offered for the first time in over 50 years this truly is a rare offering. The prime corner allotment of 358sqm* is in the heart of the tightly held St Kilda East precinct, a prime city fringe suburb just 8 kilometres from the CBD. The property is securely leased to long standing tenants, Zanini Pizzeria and New Inkerman Drycleaners providing security of income.

A flexible property that is ideal for either the Passive Investor seeking consistent solid returns or the Entrepreneurial Investor that can unlock the future development upside.

With a Commercial 1 Zoning there is scope to explore multiple project options (some subject to Council Approval) in the future, whilst receiving regular rental income from the well-established tenants.