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Highlights

  • Iconic Victorian-era structure redefined for contemporary retail
  • Direct synergy with $100M+ precinct enhancement projects
  • Situated in St Kilda’s highest-profile, high-exposure corridor
  • Integrated compliance infrastructure for diverse use cases

All Available Spaces(2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground, Ste Tenancy 1
  • 1,711 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Shell Space
  • Now

The property encompasses two premium ground-floor retail tenancies totaling approximately 159 m² within the landmark Milton House building. Tenancy 1 offers a generous 119 m² open-plan layout ideal for flagship retail or sophisticated hospitality concepts, while Tenancy 2 spans 40 m², perfectly suited for boutique retail or grab-and-go operators. Both spaces benefit from abundant natural light through expansive heritage windows, dual street frontage for unmatched exposure, and integrated base-building services including three-phase power, separate meters, and grease trap allowance. The design combines flexible configurations with architectural character, delivering an exceptional platform for occupiers to create highly engaging customer environments in St Kilda’s most dynamic lifestyle precinct.

  • Can be combined with additional space(s) for up to 2,142 SF of adjacent space
  • Ground, Ste Tenancy 2
  • 431 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Shell Space
  • Now

The property encompasses two premium ground-floor retail tenancies totaling approximately 159 m² within the landmark Milton House building. Tenancy 1 offers a generous 119 m² open-plan layout ideal for flagship retail or sophisticated hospitality concepts, while Tenancy 2 spans 40 m², perfectly suited for boutique retail or grab-and-go operators. Both spaces benefit from abundant natural light through expansive heritage windows, dual street frontage for unmatched exposure, and integrated base-building services including three-phase power, separate meters, and grease trap allowance. The design combines flexible configurations with architectural character, delivering an exceptional platform for occupiers to create highly engaging customer environments in St Kilda’s most dynamic lifestyle precinct.

  • Can be combined with additional space(s) for up to 2,142 SF of adjacent space
Space Size Term Rental Rate Space Use Build-Out Available
Ground, Ste Tenancy 1 1,711 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Shell Space Now
Ground, Ste Tenancy 2 431 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Shell Space Now

Ground, Ste Tenancy 1

Size
1,711 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Build-Out
Shell Space
Available
Now

Ground, Ste Tenancy 2

Size
431 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Build-Out
Shell Space
Available
Now

Ground, Ste Tenancy 1

Size 1,711 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Build-Out Shell Space
Available Now

The property encompasses two premium ground-floor retail tenancies totaling approximately 159 m² within the landmark Milton House building. Tenancy 1 offers a generous 119 m² open-plan layout ideal for flagship retail or sophisticated hospitality concepts, while Tenancy 2 spans 40 m², perfectly suited for boutique retail or grab-and-go operators. Both spaces benefit from abundant natural light through expansive heritage windows, dual street frontage for unmatched exposure, and integrated base-building services including three-phase power, separate meters, and grease trap allowance. The design combines flexible configurations with architectural character, delivering an exceptional platform for occupiers to create highly engaging customer environments in St Kilda’s most dynamic lifestyle precinct.

  • Can be combined with additional space(s) for up to 2,142 SF of adjacent space

Ground, Ste Tenancy 2

Size 431 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Build-Out Shell Space
Available Now

The property encompasses two premium ground-floor retail tenancies totaling approximately 159 m² within the landmark Milton House building. Tenancy 1 offers a generous 119 m² open-plan layout ideal for flagship retail or sophisticated hospitality concepts, while Tenancy 2 spans 40 m², perfectly suited for boutique retail or grab-and-go operators. Both spaces benefit from abundant natural light through expansive heritage windows, dual street frontage for unmatched exposure, and integrated base-building services including three-phase power, separate meters, and grease trap allowance. The design combines flexible configurations with architectural character, delivering an exceptional platform for occupiers to create highly engaging customer environments in St Kilda’s most dynamic lifestyle precinct.

  • Can be combined with additional space(s) for up to 2,142 SF of adjacent space

Property Overview

These boutique ground-floor spaces are ideally suited for retail brands, specialty food operators, or service-based concepts seeking an aspirational address with high branding potential. Stunning high windows deliver abundant natural light across free-flow layouts, while core infrastructure such as three-phase power and grease trap allowance supports food and beverage activation (STCA). Extensive corner signage rights and multiple frontage opportunities reinforce the property’s dominance within one of St Kilda’s most active retail and leisure hubs.

Property Facts

Building Type
Office
Building Height
4 Stories
Building Size
9,472 SF
Building Class
B
Typical Floor Size
2,368 SF
  • Listing ID: 40448435

  • Date on Market: 5/8/2026

  • Last Updated:

  • Address: 123 Fitzroy St, St Kilda, VIC 3182

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