A valuable asset for a self-managed superannuation fund or an astute investor, grab this exciting opportunity to own double-width retail frontage at the city end of vibrant Brunswick Street. A constant flow of car and foot traffic makes this a highly visible position an enviable one. Surrounded by Fitzroy's buzzing dining and shopping precinct filled with successful businesses as well as many thousands of inner-city residents, the tram stop is right at the door. On the ground floor, the configuration includes two large retail spaces, a storeroom, cold room, kitchen and powder room. Currently tenanted with a five-year lease that expires on 21 July 2029 with rental income of $51,600 per annum plus outgoings and GST, annual increases of 4% will begin from 22 July 2026. - A successful long-term commercial investment - Currently leased with a tenant until 2029 - Split system heating/air-conditioning - Walk to St Vincent's Hospital Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent. We always recommend undertaking your own due diligence.
Email enquiry to McGrath - Box Hill
Property ID: 504683404