Share this property

realcommercial.com.au
CRS Property - Melbourne

173-175 Gertrude Street Fitzroy, VIC 3065

Directions

173-175 Gertrude Street,
Fitzroy, VIC 3065

Shops & Retail • Showrooms & Large Format Retail • Offices

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Zoning

Tenure type

Sold on

Return

CRS Property - Melbourne
Ross Mercorillo
Lou Montalti

CRS Property - Melbourne

Level 4, 256 Queen Street
MELBOURNE, VIC 3000
CRS Property - Melbourne
173-175 Gertrude Street
Fitzroy, VIC 3065

Map of 173-175 Gertrude Street

Directions

IRREPLACEABLE INNER CITY RETAIL INVESTMENT

  • IMPRESSIVE 2 LEVEL BUILDING OF 740 SQM*
  • LEASED TO 2026 PLUS OPTIONS TO 2036
  • FIXED ANNUAL INCREASES OF 3%
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 

Property ID: 504018507Last Updated: 25 Oct 2022

Make an enquiry

What's your enquiry about?

Enter your details

More properties from CRS Property - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.