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329 Napier Street
Fitzroy VIC 3065
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Sold on 1 Jul 2024

329 Napier Street Fitzroy VIC 3065

  • Development / Land
  • 1,071 m²
  • Sold, $11,300,000

Land rich corner development opportunity with strong holding income

  • Land Area: 1,071 sqm
  • Corner street frontage of 65.27m*
  • Passing Net Income: $166,745.23

Alexander Robertson and Cushman & Wakefield proudly announce the availability of 146-152 Argyle Street & 329 Napier Street, Fitzroy, for sale via Expressions of Interest, closing Wednesday 26th June at 12.00 pm.

A rare opportunity to acquire three (3) adjoining titles encompassing a combined land area of 1,071 sqm and boasting 65.27m* of prime corner street frontage to Argyle Street and Napier Street.

This land-rich opportunity is situated in a picturesque tree-lined residential street and is improved by a single level double fronted warehouse and single level residence. The properties are fully leased and provide a substantial rental income for the short term.

The northern oriented site benefits from favourable Commercial 1 Zoning and provides a magnificent future development opportunity surrounded by renowned lifestyle, retail and transport amenities.

Alexander Robertson
Alexander Robertson
Level 3, 100 Collins Street
Melbourne, VIC 3000

Property Highlights

Date Sold1 Jul 2024
Sold Price$11,300,000
Floor Area912 m²
Land Area1,071 m²
ParkingAsk Agent
Building TypeWhole building
Property ID2019262604
Category
Last updated  23 Sep 2024
Map for 329 Napier Street Fitzroy VIC 3065
Alexander Robertson
Alexander Robertson
Level 3, 100 Collins Street
Melbourne, VIC 3000

Property Highlights

Date Sold1 Jul 2024
Sold Price$11,300,000
Floor Area912 m²
Land Area1,071 m²
ParkingAsk Agent
Building TypeWhole building
Property ID2019262604
Category
Last updated  23 Sep 2024

Co-Agents

Vincent Ye 叶
Alexander Robertson
Call
0418 191 478
Oliver  Hay
Oliver Hay
Cushman & Wakefield Melbourne
Call
+61419528540
Anthony  Kirwan
Anthony Kirwan
Cushman & Wakefield Melbourne
Call
+61431952430

More about 329 Napier Street Fitzroy VIC 3065

329 Napier Street Fitzroy VIC 3065 is categorized as Land & Development Property. It has a floor area of 912 m² and a land area of 1,071 m². The listing ID for this property is 2019262604.

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