176 Bellair St 1,356 SF 100% Leased Retail Building Kensington, VIC 3031 $714,483 ($526.81/SF)

Nestled in the heart of Kensington Village, 176 Bellair Street presents an exceptional opportunity to secure a character-rich property previously home to the White Rabbit Record Bar & Café. This well-established venue is offered as an almost turnkey hospitality asset and blends ground-floor commercial space with integrated residential accommodation upstairs.
The ground level features an inviting shopfront that opens into a cozy indoor dining area with seating for approximately 30 patrons, a fully equipped bar, and a functional commercial kitchen. A rear courtyard expands the venue’s capacity with seating for around 40 guests, complemented by an additional bar ideal for outdoor events.
The first floor adds significant versatility with a self-contained one-bedroom apartment featuring an open-plan lounge and kitchen and modern bathroom facilities. This layout supports multiple usage scenarios, from generating supplementary rental income to facilitating on-site operator living.
With an on-premises liquor license, extensive included chattels such as fridges, icemaker, coffee machine, cutlery, crockery, and glassware, and amenities like split-system heating and cooling, this asset offers a rare ready-to-go package in a sought-after Melbourne location. Positioned directly opposite Kensington Railway Station and within walking proximity to local shops and parks, it guarantees strong connectivity and visibility for future business operators.