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175 Brunswick Street
Fitzroy VIC 3065
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Sold on 4 Jul 2023

175 Brunswick Street Fitzroy VIC 3065

  • Shop & Retail
  • 550 m²
  • Sold

Iconic Fitzroy Corner Fully Leased

    Nelson Alexander Commercial are pleased to present 175 Brunswick Street Fitzroy for Private Sale.

    This former hotel is recognised as a Fitzroy landmark with prominent exposure to Brunswick/King William Street and 100% leased to established tenants. With a very limited amount of corner freeholds existing and even fewer available for sale, this is an ultra-rare opportunity to secure one of Fitzroy's finest investment opportunities.

    Key features of this outstanding investment opportunity:

    > High profile corner building providing three secure tenancies across three levels; popular restaurant 'Kleo's Dining', long standing tenant 'Heretic Tattoo' and national tenant 'Peaches Pilates'
    > Spanning a total floor area of 550sqm* across three (3) levels with views towards and away from Melbourne CBD
    > Strong net (excl land tax) rental income of approx. $208,500^ pa with WALE of 3.1 years
    > Flexible Commercial 1 Zoning allowing for a variety of future uses including 1F/2F residential conversion (STCA)
    > Light filled building retaining original features throughout and well maintained by long standing tenants
    > Located on Brunswick Street, one of Melbourne's most well-known and established retail/hospitality strips with a proven track record and surrounded by a number of established national and local retailers/hospitality venues
    > An ultra-rare opportunity to secure one of the few corner freeholds on Brunswick Street in the heart of FItzroy

    For all enquiries or to arrange a private inspection, please contact exclusive selling agents Nelson Alexander Commercial.

    +Kristian Lunardi
    0401 810 556
    klunardi@nelsonalexander.com.au

    +Ethan Wong
    0427 349 064
    ewong@nelsonalexander.com.au

    *Approx.
    ^Rental as at 1/6/2023

    Nelson Alexander Commercial
    Nelson Alexander Commercial
    187 Gertrude Street
    Fitzroy, VIC 3065

    Property Highlights

    Date Sold4 Jul 2023
    Floor Area550 m²
    Land Area215 m²
    ParkingAsk Agent
    Property ID2018391891
    Category
    Last updated  6 Jul 2023
    Map for 175 Brunswick Street Fitzroy VIC 3065
    Nelson Alexander Commercial
    Nelson Alexander Commercial
    187 Gertrude Street
    Fitzroy, VIC 3065

    Property Highlights

    Date Sold4 Jul 2023
    Floor Area550 m²
    Land Area215 m²
    ParkingAsk Agent
    Property ID2018391891
    Category
    Last updated  6 Jul 2023

    Co-Agents

    Kristian Lunardi
    Nelson Alexander Commercial
    Call
    0401 810 556
    Ethan Wong
    Nelson Alexander Commercial
    Call
    0427 349 064

    More about 175 Brunswick Street Fitzroy VIC 3065

    175 Brunswick Street Fitzroy VIC 3065 is categorized as Shop & Retail Property. It has a floor area of 550 m² and a land area of 215 m². The listing ID for this property is 2018391891.

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