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175-179 Johnston Street, Fitzroy, VIC, 3065

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175-179 Johnston Street, Fitzroy, VIC, 3065

Fitzroy

175-179 Johnston Street, Fitzroy, VIC, 3065

175-179 Johnston Street, Fitzroy, VIC, 3065

Properties / Buy / Victoria / Fitzroy
Tenanted Investment
Selling Method
EOI
Selling Details
Contact the Savills Team today.
Land Area
903 m² (*approx)
Floor Area
1325 m² (*approx)
Property Type
Offices, Retail
Est. Income
$445,646 p/a
Fully Leased
Nelson Alexander and Great Dane Furniture
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Corner Fitzroy Investment Within Major Growth Precinct
  • Fully leased retail and office building
  • High exposure corner position
  • Strong land value with 10 level+ height

Savills have the exclusive privilege of offering for sale this landmark Fitzroy corner freehold, underpinned by secure income and offering outstanding future development potential.

Key details of the opportunity include:

- A corner 2-level retail/office building of 1,325sqm*

- Fully leased to Nelson Alexander and Great Dane Furniture

- Set on a valuable corner landholding of 903sqm* plus R.O.W access to Argyle Street

- Commercial 1 Zone within DDO36 allowing a building height of 10+ levels*

- Current net passing income of $445,646 per annum*

- Directly opposite two major approved projects comprising a total of 445 apartments* over 11 levels, which will dramatically increase demand for complimentary retail spaces in the area

- Ideally located between Brunswick Street and Smith Street retail strips

- Unique opportunity to occupy the prime ground floor retail space

- The ultimate investment in Melbourne’s most sought-after lifestyle location

*Approx.

For Sale by Expressions of Interest closing on Wednesday 12 August at 2pm

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

175-179 Johnston Street Investment Summary

Property Type
Offices, Retail
Est. Income
$445,646 p/a
Tenant
Nelson Alexander and Great Dane Furniture
Land Area
903 m² (*approx)
Floor Area
1325 m² (*approx)
Selling Method
EOI
Selling Details
Contact the Savills Team today.

Investment Highlights

Corner Fitzroy Investment Within Major Growth Precinct
  • Fully leased retail and office building
  • High exposure corner position
  • Strong land value with 10 level+ height

Savills have the exclusive privilege of offering for sale this landmark Fitzroy corner freehold, underpinned by secure income and offering outstanding future development potential.

Key details of the opportunity include:

- A corner 2-level retail/office building of 1,325sqm*

- Fully leased to Nelson Alexander and Great Dane Furniture

- Set on a valuable corner landholding of 903sqm* plus R.O.W access to Argyle Street

- Commercial 1 Zone within DDO36 allowing a building height of 10+ levels*

- Current net passing income of $445,646 per annum*

- Directly opposite two major approved projects comprising a total of 445 apartments* over 11 levels, which will dramatically increase demand for complimentary retail spaces in the area

- Ideally located between Brunswick Street and Smith Street retail strips

- Unique opportunity to occupy the prime ground floor retail space

- The ultimate investment in Melbourne’s most sought-after lifestyle location

*Approx.

For Sale by Expressions of Interest closing on Wednesday 12 August at 2pm

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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175-179 Johnston Street, Fitzroy, VIC, 3065

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175-179 Johnston Street, Fitzroy, VIC, 3065 Fitzroy
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