Property Details

Conquest Commercial is pleased to offer for sale Lot 1, 161A Fitzroy Street, St Kilda, a secure, long-term retail investment in one of Melbourne’s most vibrant lifestyle precincts.

This 222 sqm* ground floor retail space sits beneath the prestigious Halo Development consisting of 157 apartments over 9 levels. Internationally recognised tenant Anytime Fitness whose lease commencement in the adjoining tenancy began in 2015, has now expanded into Lot 1, securing their long-term presence with a completely renovated brand-new, state-of-the-art gym fitout across the whole ground floor.

Investment Highlights:
• Tenant: Anytime Fitness, one of the world’s largest fitness franchise operators boasting 5,000 + clubs* across 50 + countries*
• Lease Commencement: 23 June 2025
• Term: 10 years + 2 further terms of 5 years
• Commencing Rental: $104,000 per annum + Outgoings + GST
• Annual Reviews: Fixed 5% increases
• 2 carspaces on title

Location Benefits
• Prominently positioned at the top of Fitzroy Street, directly opposite Albert Park Lake
• Strong passing trade, loyal existing clientele and established residential catchment

This is a “set and forget” retail investment, backed by a global brand, strong lease covenant, and favourable landlord lease terms in an exceptional inner bayside location.

Inspections are sure to impress.

For further information or to arrange an inspection, please contact:

Luke Conquest 0432 328 668

*Approx.