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

Property details

  • Property ID:
    17425
  • Auction:
    Fri 30 Aug 1:00pm
  • Area:
    434.00 m2 (*approx)
  • Type:

    Commercial: Office / Retail

  • Development Potential:
    Commercial 1 Zoning development Opportunity (STCA)
Agency information
Lewis Waddell
Mark Talbot

Overview

FABULOUS FREEHOLD WITH ENORMOUS UPSIDE

  • 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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