Stonebridge Property Group is pleased to present for sale 180 Rathdowne & 121 Kay Street, Carlton.
The key highlights of the opportunity include:
- An ultra-high quality and flexible mixed-use freehold located on the doorstep of the Melbourne CBD
- The ground floor component comprises a fully fitted hospitality space, complete with a commercial kitchen & display cellar
- Levels 1 and 2 consists of an immaculately presented and separately accessed 3-bedroom penthouse + additional 1-bedroom studio bed-sit
- Corner frontage provides valuable outdoor seating possibilities and 22 m* of exposure to Rathdowne Street, one of the gateways to the Melbourne CBD
- Offered with vacant possession the property provides the immediate scope to occupy, invest or a mix of both
- Strategically located 550 m* from Melbourne's famed university precinct providing direct access to 54,000+ students a major drive of retail trade
- Carlton's median asking rent has increased 30.8% over the past 12 months largely due to the return of 40,000+ international students^
180 Rathdowne Street & 121 Kay Street, Carlton is offered for sale via Public On-site Auction Friday 25th August 2023 at 12:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
Sarah Xi
0468 320 297
sarahxi565
Rorey James
0439 400 081
* Approximately
** As of April 2023
^ Source: https://www.smh.com.au/property/news/an-abominable-situation-the-melbourne-suburb-where-rents-have-soared-47-per-cent-20230404-p5cy1y.html
Property Code: 723