Teska & Carson are pleased to present the opportunity to purchase 103 Grey Street, St Kilda.
An exciting opportunity to secure a two level commercial building situated in St Kilda's hugely popular lifestyle and entertainment precinct.
- Brand new three (3) year lease with additional five (5) year option.
- Returning an annual income of $55,000 per annum + GST & Outgoings
- Total site area of 216m2*.
- 3% annual increases with a market review at option
- Existing improvements providing a building area of 140sqm plus courtyard and rear access via R.O.W off Clyde Street.
- Outstanding lifestyle amenity including St Kilda Beach, Luna Park, an array of local parks and gardens plus buzzing retail and entertainment strips Acland Street and Fitzroy Street in close proximity.
- Nearby arterial routes include Nepean Highway, Inkerman & Barkly Streets, nearby Ormond Esplanade whilst only being 7km from Melbourne's CBD.
*approximate
For further information please do not hesitate to call for further information.
Teska & Carson
Luke Bisset +61 400 344 211
George Takis +61 403 259 559
The size of St Kilda is approximately 3.2 square kilometres. It has 17 parks covering nearly 21.5% of total area. The population of St Kilda in 2016 was 20230 people. By 2021 the population was 19490 showing a population decline of 3.7% in the area during that time. The predominant age group in St Kilda is 30-39 years. Households in St Kilda are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Kilda work in a professional occupation.In 2021, 37.10% of the homes in St Kilda were owner-occupied compared with 33.50% in 2016.
St Kilda has 18,699 properties. Over the last 5 years, Houses in St Kilda have seen a -0.13% decrease in median value, while Units have seen a -2.10% decrease. As at 28 February 2026:
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