Stonebridge Property Group is pleased to present for sale 180 Rathdowne & 121 Kay Street, Carlton.

The key highlights of the opportunity include:

• An ultra-high quality and flexible mixed-use freehold located on the doorstep of the Melbourne CBD
• The ground floor component comprises a fully fitted hospitality space, complete with a commercial kitchen & display cellar
• Levels 1 and 2 consists of an immaculately presented and separately accessed 3-bedroom penthouse + additional 1-bedroom studio bed-sit
• Corner frontage provides valuable outdoor seating possibilities and 22 m* of exposure to Rathdowne Street, one of the gateways to the Melbourne CBD
• Offered with vacant possession the property provides the immediate scope to occupy, invest or a mix of both
• Strategically located 550 m* from Melbourne’s famed university precinct providing direct access to 54,000+ students – a major drive of retail trade
• Carlton’s median asking rent has increased 30.8% over the past 12 months – largely due to the return of 40,000+ international students^
• Anticipated fully leased annual income of $130,000+** per annum

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

* Approximately
** As of April 2023
^ Source: https://www.smh.com.au/property/news/an-abominable-situation-the-melbourne-suburb-where-rents-have-soared-47-per-cent-20230404-p5cy1y.html