Nelson Alexander Commercial are pleased to present 175 Brunswick Street Fitzroy for sale Via Public Auction on Friday 31st March at 1pm.
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. $210,000^ 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 黄乙辉
0427 349 064
ewong@nelsonalexander.com.au
*Approx.
^Rental as at 1/6/2023
Remember to mention you found this property on CommercialReady
