255 Brunswick Street Fitzroy VIC 3065
- Shop & Retail
- 140 m²
- Commercial Auction
A-GRADE RETAIL INVESTMENT
MIGLIC DEAN are delighted to offer for sale this iconic, premium city-fringe retail investment opportunity at 255 Brunswick Street, Fitzroy. Strategically positioned in one of Brunswick Street's most coveted enclaves, this bold and spacious retail tenancy has been refurbished throughout to the highest quality.
The key attributes of this property include:
> Spacious prime retail property with a wide (6.1m) frontage to Brunswick Street
> 5-year lease from 19th August 2019 with two (2) 5-year options
> Fixed annual 3.5% rental increases
> Reputable retail tenant with strong trading history in Melbourne
> Rear access via laneway
> Fantastic exposure to the street & passing traffic
> Unrivaled opportunity in Fitzroy's most vibrant and sought-after retail precinct
The opportunity to secure a premium investment property in such a tightly-held city-fringe location is extremely rare, especially when you consider the historical strong rental demand and capital growth within the Fitzroy precinct. Accordingly, this property will be actively sought after by astute investors looking to gain a foothold into the ever-popular inner-north, or to add the jewel in the crown to their existing retail property portfolios.
|Auction date and time||04/03/2021 12:00|
|Auction location||255 Brunswick Street, Fitzroy VIC|
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