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Sold on 21 May 2021

Shop 1, 166 Gertrude Street Fitzroy VIC 3065

  • Other
  • 111 m²
  • Sold

City Fringe Investment Leased by Experienced & Highly Rated Operator on Renewed 5 Year Lease.

    Stonebridge Property Group are pleased to present for sale Shop 1, 166 Gertrude Street, Fitzroy.

    - Recently renewed 5-year net lease to prominent hospitality operators who have experience at some of Melbourne's most well-known venues - Attica, The Press Club, Vue de Monde & St Ali

    - Calre Coffee & Gaea Dining is a strategic 2-in-1 tenant that covers morning and evening trade through a café/ restaurant dual business strategy Calre Coffee also runs an online platform offering take away food and delicatessen produce

    - Currently providing annual income of $97,350* + GST + Outgoings with vendor favoured fixed 4% rental increases

    - Prime 111sqm* premises with on-title car park, rear access and common property amenity (bathroom facilities), ensuring no retail space is wasted and customers are not disturbed during trading hours

    - Located on the affluent Gertrude Street, Fitzroy retail strip just 700m* from the CBD and extremely well connected by public transport (tram) providing direct linkage to the CBD in under 7 minutes

    - High foot traffic position benefiting from direct access to massive amounts of surrounding amenity, notably the Melbourne medical precinct that includes St Vincent's Hospital, St Vincent's Institute of Medical Research, Centre for Eye Research Australia, The Royal Victorian Eye & Ear Hospital and The Bionics Institute

    - Surrounded by retail & hospitality excellence including Cutler & Co., Marion, Anada, Charcoal Lane, Archies All Day, Little Salon Messer & many more

    *Approx.

    Shop 1, 166 Gertrude Street, Fitzroy has SOLD. For more details on the sale, please contact the exclusive selling agents Stonebridge Property Group.

    Nic Hage
    0448 782 594

    Rorey James
    0439 400 081

    Kevin Tong
    0422 848 818

    Property Code: 245

    AUCTION

    Auction date and time21/05/2021 12:30
    Auction locationSee description
    Rorey James
    Stonebridge Property Group VIC
    Rorey James
    Stonebridge Property Group VIC
    Nic Hage
    Stonebridge Property Group VIC
    Nic Hage
    Stonebridge Property Group VIC
    Kevin Tong
    Stonebridge Property Group VIC
    Kevin Tong
    Stonebridge Property Group VIC

    Property Highlights

    Property ID2016926826
    Date Sold21 May 2021
    Floor Area111 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  7 Jul 2021
    Map for Shop 1, 166 Gertrude Street Fitzroy VIC 3065
    Map for Shop 1, 166 Gertrude Street Fitzroy VIC 3065Shop 1, 166 Gertrude Street Fitzroy VIC 3065
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Rorey James
    Stonebridge Property Group VIC
    Rorey James
    Stonebridge Property Group VIC
    Nic Hage
    Stonebridge Property Group VIC
    Nic Hage
    Stonebridge Property Group VIC
    Kevin Tong
    Stonebridge Property Group VIC
    Kevin Tong
    Stonebridge Property Group VIC

    Property Highlights

    Property ID2016926826
    Date Sold21 May 2021
    Floor Area111 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  7 Jul 2021
    Stonebridge Property Group VIC
    Level 3, 111 Coventry Street Southbank VIC 3006
    Rorey James
    Stonebridge Property Group VIC
    Rorey James
    Stonebridge Property Group VIC
    Nic Hage
    Stonebridge Property Group VIC
    Nic Hage
    Stonebridge Property Group VIC
    Kevin Tong
    Stonebridge Property Group VIC
    Kevin Tong
    Stonebridge Property Group VIC

    Ask Rorey James about this property

    Rorey James

    Rorey James

    Stonebridge Property Group VIC

    Nic Hage

    Nic Hage

    Stonebridge Property Group VIC

    Kevin Tong

    Kevin Tong

    Stonebridge Property Group VIC

    +61 *** ***
    +61 439 400 081

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