City-fringe corner allotment with large rear yard.
GrayJohnson is pleased to bring to auction this unique property in a rapidly evolving precinct minutes from the Melbourne CBD. Located just 200m* north of Gertrude Street, this property has an expansive frontage to both Brunswick and James Streets and is ideal for someone with a vision.
The opportunity:
Two (2) level retail/office building with huge upside
Prime corner position - 3 street frontages
Land area 372 sqm*
Building area 260 sqm*
51m* combined street frontage plus rear lane
Full-height glazing to both street frontages
Bathroom and kitchenette facilities
Zoned Commercial 1
Huge potential to value add or develop^
The favourable Commercial 1 zoning, corner location in buzzing Fitzroy and substantial lot size make this a prime opportunity to value add or develop^.
The location:
Vibrant Fitzroy end of Brunswick Street
Just 1.1km* from the city
Every lifestyle amenity within walking distance
Brunswick Street tram (Route 11) past the door
5-minute* walk to Exhibition Buildings and Carlton Gardens
Minutes from the Eastern Freeway
This city-fringe suburb is seeing a surge in residential and commercial development. Its history and mix of building styles and the eclectic mix of cafés, restaurants, bars and specialty retail stores give the area its vibrant character. The location is well-served by public transport and convenient to schools, hospitals, the Australian Catholic University and the Carlton Gardens.
*approx
^STPA