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SOLD

95-97 Smith Street, Fitzroy, VIC, 3065

Development Potential
DETAILS

FABULOUS FREEHOLD WITH ENORMOUS UPSIDE

SOLD

  • Thriving Inner City Location
  • Rent: $184,000 PA net plus GST
  • Future Value Add/Development Opportunity
     
  • Situated close to the iconic intersection of Smith and Gertrude Street at the gateway of Melbourne’s most sought after lifestyle and hospitality precinct.
  • Substantial land area of 434sqm* with impressive frontage and rear access of 10.95m*
  • Highly flexible commercial building only 1 km to the CBD.
  • Leased to established Tenants including Mr Wows Emporium and Pixel Alley.
  • Combined Rental: $184,000 per annum net plus GST with scope for further rental growth.
  • Zoned: Commercial 1 providing an excellent opportunity to value add/develop site upon expiration of leases – Circa Jan 2023.
  • Exceptional transport amenities available with the 86 Tram stop opposite.
  • Unrivalled location surrounded by Melbourne’s best food and hospitality venues supported by a rapidly developing apartment and commercial office population
  • Close proximity to high performing Coles Supermarket and other national tenants including, Huxtaburger, Kathmandu, Bonds,Chemist Warehouse, major banks and more

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DEVELOPMENT SITE SUMMARY
SOLD:
SOLD:
SOLD
Property Area
AREA:
434 m² (*approx)
Property Type
TYPE:
Commercial, Office, Office
Development Potential
DEVELOPMENT APPROVAL:
Commercial 1 Zoning development Opportunity (STCA)

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95-97 Smith Street, Fitzroy, VIC, 3065
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