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.