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2. Property Highlights

Flexible Fitzroy Freehold – Invest, Occupy, or Develop
  • 1,506m²* land holding
  • 3,744m²* total building area
  • Excellent future upside

Colliers Investment Services are pleased to present an opportunity to purchase one of Fitzroy’s most significant freehold properties, located moments from the suburb’s beating heart in Brunswick Street. 21-43 Victoria Street, Fitzroy is offered For Sale by International Expressions of Interest closing Thursday 16th of May 2024 at 3pm (AEST).

21-43 Victoria Street, Fitzroy features a multi-level commercial building of 3,744sqm* set on a Mixed-Use zoned landholding of 1,506sqm* enhanced by over 110m* of combined frontage to Victoria Street and a rear lane way. The property is currently leased to education tenants – The Southern School of Natural Therapies and Think: Colleges – until February 2025, with current income at $988,536 per annum (excluding outgoings and GST).

21-43 Victoria Street, Fitzroy provides an excellent opportunity for investors, owner-occupiers and developers to refurbish, reposition or re-develop and take this historic building into the next chapter of its storied history.

World Heritage renowned Carlton Gardens, Murchison Square, and Macarthur Square are all within walking distance of the property. Surrounding lifestyle amenity and offerings include Brunswick Street, Smith Street, Johnston Street, and Gertrude Street retail & hospitality precincts, as well Fitzroy Swimming Pool and Fitzroy Library.

- Rare 1,506sqm* Fitzroy landholding

- 3,744m²* total building area plus eight car parks

- Substantial 3,744sqm* multi-level commercial building occupied by esteemed educational tenants

- Annual rent of $988,536* plus outgoings plus GST

- Highly desirable Mixed-Use zoning

- 200m* from Brunswick Street retail and hospitality precinct

- 1.2km* from Melbourne CBD

- Moments from public transport offerings including trams on Nicholson & Brunswick Streets, and bus routes on Johnston Street

- World Heritage renowned Carlton Gardens just 350m* from the property

For further information, please contact the exclusively appointed selling agents.

Under instruction from transaction manger Untitled Property Pty Ltd.

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4. Property Location

21-43 Victoria Street, Fitzroy, VIC 3065

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5. Due Diligence

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