Vinci Carbone & CRS Property are pleased to offer this outstanding freehold investment in a prime inner-city location. The property’s key attributes and preferred tenancy terms make it a very desirable investment that will be highly sought after.
The property comprises a two-level freehold building of retail space currently leased to 'About Space'. The property features a well fitted out showroom and retail space on the ground floor and Level 1 is used for office and storage space.
Key features:
Impressive two level building of 740 sqm*
Leased to established tenant ‘About Space’ until 2026 plus options until 2036
Returning $124,110 pa* plus outgoings
Over 370 sqm of Commercial 1 and Neighbourhood Residential (rear portion) zoned land with rear ROW
9 metre* frontage to Gertrude Street
Located amongst high profile neighbours
The property benefits from a high amount of daily exposure from vehicle and pedestrian foot traffic whilst being extremely well serviced by public transport.
Fitzroy has become a highly sought-after location due to its many unique retail stores and lifestyle attracting many people wanting to live in Fitzroy.
*approx