**FOR SALE VIA EXPRESSION OF INTEREST CLOSING WEDNESDAY 10TH JUNE AT 4PM**
Barry Plant Commercial is pleased to present an exceptional retail investment opportunity at 35-47 Blessington Street, St Kilda. Positioned just 7.7km from Melbourne CBD, this high-performing asset is situated within one of Melbourne's most tightly held and vibrant hospitality precincts.
This rare offering comprises:
• Seven (7) shops on individual titles, offered together as a single investment
• Five (5) secure tenancies leased to established hospitality operators
• Strong long-term lease profiles with fixed annual rental increases, providing reliable income growth
Key property details:
• Land area: 361 sqm*
• Building area: 265 sqm*
• Net income: $324,667.74 per annum + GST*
TENANCY SCHEDULE
Tenancy: 35-39 Blessington St, St Kilda
Tenant: Iddy Biddy
Area: 111 sqm
Lease Term: 3 years expiring April 2028 plus options
Current Rent: $139,647.82 pa + GST
Tenancy: 41 Blessington St, St Kilda
Tenant: 200 Bar
Area: 35 sqm
Lease Term: 3 years expiring February 2027 plus options
Current Rent: $46,999.96 pa + GST
Tenancy: 43 Blessington St, St Kilda
Tenant: MTA Bakery
Area: 45 sqm
Lease Term: 3 years expiring February 2028 plus options
Current Rent: $45,320.07 pa + GST
Tenancy: 45 Blessington St, St Kilda
Tenant: St Kilda Pizza House
Area: 36 sqm
Lease Term: 3 years expiring February 2028 plus options
Current Rent: $45,319.96 pa + GST
Tenancy: 47 Blessington St, St Kilda
Tenant: Surabaya Johnny's
Area: 38 sqm
Lease Term: 3 years expiring February 2028 plus options
Current Rent: $47,379.93 pa + GST
For further information or to schedule an inspection please contact Josh Curwen on 0407 753 651 or Benjamin Klein on 0433 047 000.
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