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Investment Highlights

  • Mixed-use property comprising retail at ground level with residential apartments above
  • Future redevelopment or repositioning potential (STCA)
  • Located on Fitzroy Street, within St Kilda’s established activity centre
  • Existing income in place, supporting investment holding

Executive Summary

85–87 Fitzroy Street, St Kilda VIC 3182 is offered for sale as a mixed-use investment property located within the Fitzroy Street Activity Centre. The property comprises street-front retail premises with residential apartments above and benefits from existing income streams, rear access, and future repositioning or redevelopment potential, subject to council approval.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,656 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.34
Lot Size
0.18 AC
Parking
9 Spaces (0.84 Spaces per 1,000 SF Leased)
Frontage
37’ on Fitzroy Street

Nearby Major Retailers

UBX
Anytime Fitness
  • Listing ID: 40312287

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 85-87 Fitzroy St, St Kilda, VIC 3182

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