162A Carlisle Street St Kilda VIC 3182

RWC (Oakleigh) is proud to present 162A Carlisle Street St Kilda, an exceptional opportunity to purchase a retail investment with a secure and established tenant. The property will offered to the market for sale by way of a Public Auction on Thursday 24th October 2024 at 12:00pm.

Leased to Limra Groceries for the past 17 years*, a well-established business specializing in Indian food products, this property offers a reliable and secure investment opportunity. The tenant's deep roots in the local community and long-standing presence provide stability and peace of mind, making this an appealing option for any investor looking for a solid return.

162A Carlisle Street, St Kilda is located in the heart of the thriving and vibrant Carlisle Street and situated just meters from St Kilda Library & Town Hall, popular cafes, restaurants, and Balaclava Train Station. This property offers unparalleled access to public transport and local amenities, making it an attractive asset in a sought-after location.

Key Property Benefits:

• Total building area | 90m2*
• Single level with street frontage
• Long term and established business since 2007
• 3 + 3 + 3 year lease commenced 15/6/2023
• Current income | $50,790.84 plus GST plus Outgoings
• 450m* to Balaclava Train Station
• Located just off St Kilda Road opposite St Kilda Town Hall

Inspection Times:

Wednesday 2nd October | 1:00PM - 1:30PM
Wednesday 9th October| 1:00PM - 1:30PM
Wednesday 16th October | 1:00PM - 1:30PM
Wednesday 23rd October| 1:00PM - 1:30PM
Thursday 24th October | 11:30AM - 12:00PM (Auction Day)

For further information and to obtain a copy of the contract of sale or information memorandum, please contact one of the exclusive marketing agents below:

Ryan Amler | 0401 971 622
Jonathan On | 0479 003 122

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.