MILK BAR BUSINESS OPPORTUNITY IN ST KILDA.
A VERY LONG ESTABLISHED MILK BAR STRATEGICALLY LOCATED IN ONE OF THE BEST PART OF ST KILDA IS FOR SALE. THE PRESENT VENDOR HAS BEEN OPERATING THIS MILK BAR BUSINESS FOR CLOSE TO 8 YEARS.
ACCORDING TO INFORMATION PROVIDED BY THE VENDOR THE AVERAGE WEEKLY TAKING IS ABOUT $8,500.00/WEEK. CLOSE TO 9 YEARS LONG LEASE LEFT WITH AN EXTREMELY ATTRACTIVE RENTAL PACKAGE OF ABOUT $500/WEEK INCLUSIVE OF ALL OUT GOING AND GST AT AN ANNUAL RENTAL INCREASE BASED ON CPI.
The size of St Kilda East is approximately 2.3 square kilometres. There are 9 parks, covering nearly 6.8% of the total area. The population of St Kilda East in 2016 was 13101 people. By 2021 the population was 12571 showing a population decline of 4.0% in the area during that time. The predominant age group in St Kilda East is 30-39 years. Households in St Kilda East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Kilda East work in a professional occupation.In 2021, 48.80% of the homes in St Kilda East were owner-occupied compared with 44.30% in 2016.
St Kilda East has 7,896 properties. Over the last 5 years, Houses in St Kilda East have seen a -9.13% decrease in median value, while Units have seen a -2.23% decrease. As at 31 July 2026:
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