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60 Fitzroy St 1,076 SF Retail Condo Unit Offered at $638,825 CAD in St Kilda, VIC 3182

Investment Highlights
- High-exposure retail position at Fitzroy Street and Canterbury Road intersection.
- Walking distance to St Kilda Beach, Luna Park, and foreshore lifestyle amenities.
- Located within the Metropol development offering underground parking.
- Accessible via multiple tram routes with direct links to Melbourne’s CBD.
Executive Summary
60 Fitzroy Street, St Kilda is located within the Metropol mixed-use development on the corner of Fitzroy Street and Canterbury Road. The site is adjacent to public tram stops providing direct transport to Melbourne CBD and is positioned near St Kilda Beach, the pier, and Luna Park, contributing to strong visitor activity in the vicinity. Vehicle access includes underground parking within the development.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | APN/Parcel ID | 98\PS432208 |
| Sale Type | Owner User |
| APN/Parcel ID | 98\PS432208 |
Description
The property is part of the Metropol mixed-use complex, which comprises a combination of residential, retail, and hospitality elements. Ownership is structured under a strata title, providing individual property rights within the broader development. This arrangement allows exclusive use of the 100 m² commercial lot, while shared amenities and common areas—such as underground car parking facilities and building services—are managed collectively through an owner’s corporation. The location offers proximity to major lifestyle attractions and transport facilities, reinforcing its appeal for businesses and long-term owners alike.
Sale Notes
Seize a rare opportunity to acquire a fully fitted retail asset in the iconic St Kilda precinct. Located at 11A/60 Fitzroy Street within the prestigious Metropol development, this 100 m² property occupies a prominent corner position at Fitzroy Street and Canterbury Road, an intersection known for its high pedestrian and vehicle traffic. The premises feature a fully equipped commercial kitchen, making it particularly suited for café, restaurant, or specialty food operations, while the open configuration allows flexibility for various retail concepts.
The property benefits from excellent connectivity, with multiple tram lines along Fitzroy Street providing direct access to Melbourne’s CBD. In addition, the site is steps from St Kilda Beach, Luna Park, and the foreshore, guaranteeing consistent local and tourist traffic year-round. Underground parking in the complex further enhances accessibility for patrons. Investors will appreciate the ability to secure a high-profile tenant immediately or repurpose the property for diverse uses, ensuring potential for strong rental returns and long-term capital growth in an enduringly popular destination.
The property benefits from excellent connectivity, with multiple tram lines along Fitzroy Street providing direct access to Melbourne’s CBD. In addition, the site is steps from St Kilda Beach, Luna Park, and the foreshore, guaranteeing consistent local and tourist traffic year-round. Underground parking in the complex further enhances accessibility for patrons. Investors will appreciate the ability to secure a high-profile tenant immediately or repurpose the property for diverse uses, ensuring potential for strong rental returns and long-term capital growth in an enduringly popular destination.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 11A | 1,076 SF | Retail | $638,825 CAD ($593.70 CAD/SF) | - |
Unit 11A
| Unit Size |
| 1,076 SF |
| Condo Use |
| Retail |
| Price |
| $638,825 CAD ($593.70 CAD/SF) |
| NOI |
| - |
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Unit 11A
| Unit Size | 1,076 SF |
| Condo Use | Retail |
| Price | $638,825 CAD ($593.70 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| APN/Parcel ID | 98\PS432208 |
| Description | |
| The property is part of the Metropol mixed-use complex, which comprises a combination of residential, retail, and hospitality elements. Ownership is structured under a strata title, providing individual property rights within the broader development. This arrangement allows exclusive use of the 100 m² commercial lot, while shared amenities and common areas—such as underground car parking facilities and building services—are managed collectively through an owner’s corporation. The location offers proximity to major lifestyle attractions and transport facilities, reinforcing its appeal for businesses and long-term owners alike.</li></ul> | |
| Sale Notes | |
| Seize a rare opportunity to acquire a fully fitted retail asset in the iconic St Kilda precinct. Located at 11A/60 Fitzroy Street within the prestigious Metropol development, this 100 m² property occupies a prominent corner position at Fitzroy Street and Canterbury Road, an intersection known for its high pedestrian and vehicle traffic. The premises feature a fully equipped commercial kitchen, making it particularly suited for café, restaurant, or specialty food operations, while the open configuration allows flexibility for various retail concepts.<br> The property benefits from excellent connectivity, with multiple tram lines along Fitzroy Street providing direct access to Melbourne’s CBD. In addition, the site is steps from St Kilda Beach, Luna Park, and the foreshore, guaranteeing consistent local and tourist traffic year-round. Underground parking in the complex further enhances accessibility for patrons. Investors will appreciate the ability to secure a high-profile tenant immediately or repurpose the property for diverse uses, ensuring potential for strong rental returns and long-term capital growth in an enduringly popular destination.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 12,443 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 12,443 SF |
| Building Class | C | Lot Size | 1.33 AC |
| Total Building Size | 12,443 SF |
| Property Type | Retail (Condo) |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 12,443 SF |
| Lot Size | 1.33 AC |
Amenities
- Corner Lot
- Signage
- Air Conditioning
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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60 Fitzroy St
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