Sold
95-97 Smith Street, Fitzroy, VIC, 3065
95-97 Smith Street, Fitzroy, VIC, 3065
Properties / Sold / Victoria / Fitzroy
Development Potential
Copied
1. Property Summary
Land Area
434 m² (*approx)
Selling Method
SOLD: SOLD
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2. Property Highlights
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
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Development Potential
Development Potential
1. Property Summary
Land Area
434 m² (*approx)
Selling method
SOLD: SOLD
2. Property Highlights
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
Read More
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