McGrath Blackburn are pleased to present 17 Fitzroy Street St Kilda For Sale via Public Auction On-site Thursday 2nd October 12:30pm (AEST).
Positioned between Catani Gardens, The Espy, Luna Park and the iconic sands of St Kilda Beach, this 80sqm* hospitality venue sits at the heart of one of Melbourne's most vibrant lifestyle destinations. From morning joggers and brunch crowds to beachgoers, tourists and festival visitors, it enjoys a steady stream of patrons year-round.
In summer, the precinct comes alive with live music, cultural events and foreshore celebrations, reinforcing St Kilda's reputation as a true entertainment hotspot. Just steps from the Yacht Club and The Prince Hotel, and well-serviced by multiple tram lines, the property offers excellent exposure, easy accessibility and a rare chance to trade in one of Melbourne's most dynamic coastal precincts.
Key Features:
• 80sqm* floor area with rear access – ideal for streamlined deliveries
• Fully fitted hospitality venue including commercial kitchen
• Returning $38,288.41* p.a. + outgoings, with 5% fixed annual increases until March 2030 plus one (1) further 5-year option
• Commercial 1 Zone – flexible to a variety of uses (STCA)
• Licensed seating capacity: 20 outside + 18 inside – perfect for casual beachside dining
With its prime position just 200m* from Luna Park, 2km* from Elwood Village and only 7km* from the Melbourne CBD, this property presents an exciting opportunity for investors seeking reliable rental growth and long-term capital appreciation in a high-demand lifestyle location.
For more information or to arrange a private inspection, please contact the exclusive selling agents below.
Nicholas Conroy +61 468 455 058 | nicholasconroy@mcgrath.com.au
Chris Manolopoulos +61 439 478 825 | chrismanolopoulos@mcgrath.com.au
*Denotes approx.
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Live Streaming via GAVL
McGrath clients have the opportunity to watch, bid and buy on live property auctions.
Register through www.gavl.com and follow the property link:
https://x5u9a.app.goo.gl/r2WbN
To be able to bid online, you must download the free GAVL App.
The size of St Kilda is approximately 3.2 square kilometres. There are 17 parks, covering nearly 21.5% of the 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 18,657 properties. Over the last 5 years, Houses in St Kilda have seen a -9.90% decrease in median value, while Units have seen a -0.70% decrease. As at 31 May 2026:
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