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51-55 Johnston Street Fitzroy, VIC 3065

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51-55 Johnston Street,
Fitzroy, VIC 3065

Offices • Shops & Retail

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$4,600,000

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Map of 51-55 Johnston Street

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Exceptional Investment Opportunity with Re Development Upside.

Conveniently located on Johnston Street between Nicholson Street and Brunswick Road, Fitzroy is an opportunity to purchase an outstanding investment property.

The building consists of a ground floor level and two upper levels with access via a stairwell. The Ground floor car park which allows parking for approximately 8 vehicles is accessed via Johnston Street through a remote garage door. Other features include;
 - open plan offices
 - balconies
 - boardroom
 - kitchenette and amenities
 - additional storage  in the basement

The premises is currently securely leased to two tenants with lease details as follows;

Ground & 1st Floor  - Tenants Union of Victoria Ltd
Term of Lease: Three years commencing 1st May 2015
Options: One further term of three years
Rent:  $125,500.00p.a plus GST and outgoings

2nd Floor - Strategic Data Pty Ltd
Term of Lease: Seven years commencing 18th September 2015
Options: One further term of five years
Rent: $98,000.00p.a. (Gross)

For further details on this exciting investment please contact CVA Property Consultants.

Property ID: 501755190Last Updated: 2 Oct 2019

04114233...
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51-55 Johnston Street
Fitzroy, VIC 3065

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