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109-111 Fitzroy Street, St Kilda, VIC, 3182

2. Property Highlights

Outstanding Fitzroy Street Investment

Morley is pleased to offer this multi-level leased investment situated in St Kilda's vibrant entertainment precinct.

5 + 5 + 5 year lease

Rental: $158,164 p.a. + GST + Outgoings (excl. Land Tax)

Fixed 4% annual increases

Rare 24/7 liquor licence

Prime inner city location surrounded by quality hospitality institutions including Prince of Wales, Cafe di Stasio, The Saint and Hotel Esplanade

Significant transformation of the local area in recent years through developments including St Moritz, Gatwick Hotel, and the Victorian Pride Centre

Large projects planned for Fitzroy Street include a QT Hotel and numerous multi-level mixed use developments.

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3. Property Location

109-111 Fitzroy Street, St Kilda, VIC, 3182