131 Smith Street,
Fitzroy, VIC 3065
Shops & Retail • Showrooms & Large Format Retail • Offices
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JLL - Melbourne
Level 33, 101 Collins StreetMELBOURNE, VIC 3000
131 Smith Street
Fitzroy, VIC 3065
Map of 131 Smith Street
PROUDLY SOLD BY JLL MELBOURNE
- Tenant Pays ALL Outgoings
- Publicly Listed Tenant
- Brand New Long-Term Lease
JLL has the exclusive privilege of offering for sale this brand new retail investment at the base of the recently completed project – ‘131 Smith Street’, a high-end, carbon neutral development that has set a new benchmark for residential living in Fitzroy.
+ Landmark retail tenancy of 501sqm GLAR
+ Leased to NASDAQ listed ‘Lululemon Athletica’* (NASDAQ:LULU), leading global activewear brand with market capitalisation in excess of $32billion
+ Brand new 7+5+5 year lease from November 2024
+ Current Net Rent: $400,000 annum with 4% fixed annual rental growth
+ Tenant pays ALL outgoings including land tax
+ Brand new fit out offers potential for depreciation benefits
+ Includes 3 car spaces on title (only 1 assigned to lease)
+ Positioned on the ground floor of an newly completed project comprising 39 high-end apartments, selling in excess of $4.6m and designed by award winning architects ‘Freadman White’ and completed by renowned developer ‘Outline’
+ Prominent and high-profile position in the best section of Smith Street, Fitzroy, close to the corner of Gertrude Street
+ An unprecedented growth location on the cusp of the CBD, surrounded by hundreds of proposed/under construction apartments
*Wholly owned subsidiary of Lululemon Athletica Inc.
*Approx.
To obtain further information or to arrange an inspection, please contact the exclusive JLL selling agents
Jesse Radisich
0402 085 7...
jesse.radisich@jll.com
Tim Carr
0415 767 9...
tim.carr@jll.com
Jarrod Herscu
0418 155 0...
jarrod.herscu@jll.com
MingXuan Li 李 名轩
中文普通话咨询物业详情，请联系Mingxuan Li李名轩。 手机： 0498 688 9...， 电子邮件： Mingxuan.Li@jll.com， 或微信ID: Mingxuanli777
+ Landmark retail tenancy of 501sqm GLAR
+ Leased to NASDAQ listed ‘Lululemon Athletica’* (NASDAQ:LULU), leading global activewear brand with market capitalisation in excess of $32billion
+ Brand new 7+5+5 year lease from November 2024
+ Current Net Rent: $400,000 annum with 4% fixed annual rental growth
+ Tenant pays ALL outgoings including land tax
+ Brand new fit out offers potential for depreciation benefits
+ Includes 3 car spaces on title (only 1 assigned to lease)
+ Positioned on the ground floor of an newly completed project comprising 39 high-end apartments, selling in excess of $4.6m and designed by award winning architects ‘Freadman White’ and completed by renowned developer ‘Outline’
+ Prominent and high-profile position in the best section of Smith Street, Fitzroy, close to the corner of Gertrude Street
+ An unprecedented growth location on the cusp of the CBD, surrounded by hundreds of proposed/under construction apartments
*Wholly owned subsidiary of Lululemon Athletica Inc.
*Approx.
To obtain further information or to arrange an inspection, please contact the exclusive JLL selling agents
Jesse Radisich
0402 085 7...
jesse.radisich@jll.com
Tim Carr
0415 767 9...
tim.carr@jll.com
Jarrod Herscu
0418 155 0...
jarrod.herscu@jll.com
MingXuan Li 李 名轩
中文普通话咨询物业详情，请联系Mingxuan Li李名轩。 手机： 0498 688 9...， 电子邮件： Mingxuan.Li@jll.com， 或微信ID: Mingxuanli777
Property ID: 504732052Last Updated: 20 Dec 2024
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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