Commercial
95-97 Smith Street, Fitzroy, VIC, 3065
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SOLD

Overview

  • Property ID:
    17425
  • SOLD:
    SOLD
  • Area:
    434 m2 (*approx)
  • Type:
    Commercial, Office / Retail
  • Development Potential:
    Commercial 1 Zoning development Opportunity (STCA)

Property 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

Remember to mention you found this property on DevelopmentReady.com.au

Agency information

Lewis Waddell
Mark Talbot
LOCAL EXPERT DIRECTORY
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