Unlock the Possibilities of Rathdowne Corner – A Modern Penthouse + Separate Retail Space
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
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Sarah Xi ???
0468 320 297
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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