3/102 Barkly Street, St Kilda, Vic 3182

Capitalise on this outstanding investment opportunity that comprises a Retail Shop (Kebabs), Backpacker and Studio apartment.  

Perfectly located in vibrant St Kilda and minutes to St Kilda beach. 

This unique property hosts a kebab shop, 60 bed backpacker accommodation, and a quaint studio apartment.  

Key details include: 
* Rental return $103,619.79 p.a. 
* 60 Bed backpacker accomodation 
* Long Leases 
* High-traffic area
* Triple income stream
* Ideally located in StKilda with captivating seaside ambiance. 

Backpacker Lease 
* 5 Year Lease 
* Commenced 1st August 2023 
* Rental $47,219.79 p.a. plus GST 
* Options 3 further terms of 5 Years 

Retail Shop 
* 5 Year lease 
* Commenced 1st March 2024 
* Rental $40,800 p.a. plus GST 
* Option 1 further term of 5 years 

Studio Apartment 
* Rental $15,600 p.a.
* Monthly tenancy

This property is a turnkey investment with diverse revenue streams, poised for growth in a bustling beachfront setting. 

Don’t miss this lucrative investment in one of St Kilda’s prime locations!

Call Daniel 0438 333 666 to inspect