Fitzroys is delighted to offer 64 Alfrieda Street, St Albans for sale as part of its "Melbourne Retail Portfolio Auction" on Thursday 23rd June at Leonda By The Yarra, Hawthorn at 11am.
The key attributes of this opportunity include:
- Land Area: 217sqm* with an extensive frontage to Alfrieda Street of over 6 metres
- Strategic building forming part of Quang Vinh Restaurant
- Leased to long standing tenant over 14 years
- Returning $55,721 per annum plus outgoings and GST .
- 5 + 5 year lease from June 2021
- Fixed annual rental Increases throughout the term
- Excellent public car parking nearby with the re-vitalised St Albans Train Station and Bus Interchange a short walk away.
- Surrounded by an excellent mixture of local traders and National Tenants including ANZ Bank, Westpac Bank, KFL Supermarket, CBA, Woolworths, Chemist Warehouse and more.
FOR SALE BY PUBLIC AUCTION AT LEONDA, HAWTHORN, THURSDAY 23RD JUNE COMMENCING 11.00AM
*approx.
The size of St Albans is approximately 13.0 square kilometres. It has 36 parks covering nearly 8.4% of total area. The population of St Albans in 2016 was 37309 people. By 2021 the population was 38042 showing a population growth of 2.0% in the area during that time. The predominant age group in St Albans is 20-29 years. Households in St Albans are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Albans work in a labourer occupation.In 2021, 59.10% of the homes in St Albans were owner-occupied compared with 60.50% in 2016.
St Albans has 17,234 properties. Over the last 5 years, Houses in St Albans have seen a 14.27% increase in median value, while Units have seen a 16.86% increase. As at 31 March 2026:
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