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Investment Highlights

  • Net income of $51,321.48 p.a. plus outgoings and GST.
  • High-exposure ground floor location supported by premium office and residential catchment.
  • Fixed annual increases of 4% with market review at option.
  • Includes a secure car park for tenant use.

Executive Summary

Located within a modern commercial building on St Kilda Road, this property is positioned in a dynamic mixed-use precinct. The area features premium office towers and luxury residential projects, driving consistent activity and a strong occupant base. Public transport options, including tram stops and the Anzac Station, provide excellent connectivity.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 7
  • 548 SF
  • Office
  • Upon Request
  • -
Sale Type Investment
Description
The suite comprises a boutique ground-floor retail tenancy with high street exposure and an adjoining secure car park. It benefits from excellent pedestrian visibility within a mixed-use precinct. The premises provides convenient access for both local residents and office workers.
Sale Notes
Suite 7, 431 St Kilda Road offers a secure ground-floor retail investment in a prime inner-Melbourne location. The property is leased to Dingle Partners on a renewed 3-year term with fixed 4% annual growth. Situated among major residential and office developments, it provides a strong, long-term investment with guaranteed visibility.
Unit Unit Size Condo Use Price NOI
Unit 7 548 SF Office Upon Request -

Unit 7

Unit Size
548 SF
Condo Use
Office
Price
Upon Request
NOI
-

Unit 7

Unit Size 548 SF
Condo Use Office
Price Upon Request
NOI -
Sale Type Investment
Description
The suite comprises a boutique ground-floor retail tenancy with high street exposure and an adjoining secure car park. It benefits from excellent pedestrian visibility within a mixed-use precinct. The premises provides convenient access for both local residents and office workers.</li></ul>
Sale Notes
Suite 7, 431 St Kilda Road offers a secure ground-floor retail investment in a prime inner-Melbourne location. The property is leased to Dingle Partners on a renewed 3-year term with fixed 4% annual growth. Situated among major residential and office developments, it provides a strong, long-term investment with guaranteed visibility.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 290,626 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 3
Typical Floor Size 17,911 SF
Year Built 1983
Lot Size 1.08 AC
  • Listing ID: 40537080

  • Date on Market: 2026-05-15

  • Last Updated:

  • Address: 431 St Kilda Rd, Melbourne, VIC 3004

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