162A Carlisle StreetSt Kilda VIC 3182
Property Details for 162a Carlisle St, St Kilda
Last Listing description (October 2024)
RWC (Oakleigh) is proud to present 162A Carlisle Street St Kilda, an exceptional opportunity to purchase a retail investment with a secure and established tenant. The property will offered to the market for sale by way of a Public Auction on Thursday 24th October 2024 at 12:00pm.
Leased to Limra Groceries for the past 17 years*, a well-established business specializing in Indian food products, this property offers a reliable and secure investment opportunity. The tenant's deep roots in the local community and long-standing presence provide stability and peace of mind, making this an appealing option for any investor looking for a solid return.
162A Carlisle Street, St Kilda is located in the heart of the thriving and vibrant Carlisle Street and situated just meters from St Kilda Library & Town Hall, popular cafes, restaurants, and Balaclava Train Station. This property offers unparalleled access to public transport and local amenities, making it an attractive asset in a sought-after location.
Key Property Benefits:
Total building area | 90m2*
Single level with street frontage
Long term and established business since 2007
3 + 3 + 3 year lease commenced 15/6/2023
Current income | $50,790.84 plus GST plus Outgoings
450m* to Balaclava Train Station
Located just off St Kilda Road opposite St Kilda Town Hall
Inspection Times:
Wednesday 2nd October | 1:00PM - 1:30PM
Wednesday 9th October| 1:00PM - 1:30PM
Wednesday 16th October | 1:00PM - 1:30PM
Wednesday 23rd October| 1:00PM - 1:30PM
Thursday 24th October | 11:30AM - 12:00PM (Auction Day)
For further information and to obtain a copy of the contract of sale or information memorandum, please contact one of the exclusive marketing agents below:
Ryan Amler | 0401 971 622
Jonathan On | 0479 003 122
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property History for 162a Carlisle St, St Kilda, VIC 3182
- 24 Sep 2024Listed for Sale Auction (Expected yield 6.5% - 7.2%)
- 01 Sep 2020Transferred
- 31 Mar 2016Transferred
Recent sales nearby
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0About St Kilda 3182
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 18,698 properties. Over the last 5 years, Houses in St Kilda have seen a -4.52% decrease in median value, while Units have seen a -0.59% decrease. As at 30 April 2026:
- The median value for Houses in St Kilda is $1,570,539 while the median value for Units is $548,292.
- Houses have a median rent of $900 while Units have a median rent of $550.
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