Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back

257 Smith Street, Fitzroy, VIC, 3065

+7 Photos
/
Images
Close

257 Smith Street, Fitzroy, VIC, 3065

Fitzroy

×
+9 Photos

257 Smith Street, Fitzroy, VIC, 3065

Fitzroy

257 Smith Street, Fitzroy, VIC, 3065

257 Smith Street, Fitzroy, VIC, 3065

Properties / Buy / Victoria / Fitzroy
Tenanted Investment
Selling Method
Auction
Selling Details
Contact Agent
Land Area
66 m² (*approx)
Floor Area
100 m² (*approx)
Property Type
Retail
Est. Income
$89,670 p/a
Show All
ICONIC SMITH STREET CORNER FREEHOLD – MIXED-USE INVESTMENT WITH CHARACTER & INCOME
  • Corner location
  • Fully leased investment
  • Two income streams

Gross Waddell ICR is pleased to offer 257 Smith Street, Fitzroy for sale via Public Auction on Thursday 26th March at 12pm.

Positioned on the prominent corner of Smith Street and St David Street, this unique two-level mixed-use freehold offers investors a rare opportunity to secure a character-filled asset in one of Melbourne’s most tightly held inner-city locations.

Featuring a leased ground-floor florist and a funky first-floor apartment, the property combines strong street presence, diversified income and long-term upside in a vibrant lifestyle and retail precinct.

Key features include:

• Prime corner freehold with excellent exposure and dual street frontage

• Two-level building combining retail and residential accommodation

• Ground floor securely leased to an established florist

• First floor comprises a ‘funky’ self-contained apartment

• Current combined income of approximately $89,670* per annum

• Unique character building with strong appeal to investors and future owner-occupiers

• Located within a highly sought-after inner-city precinct surrounded by retail, dining and lifestyle amenity

257 Smith Street, Fitzroy is offered for sale via Public Onsite Auction on Thursday 26th March at 12pm.

For more information or to organise an inspection, please contact Gross Waddell ICR directly.

*approx.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Tenanted Investment

257 Smith Street Investment Summary

Property Type
Retail
Est. Income
$89,670 p/a
Land Area
66 m² (*approx)
Floor Area
100 m² (*approx)
Selling Method
Auction
DATAROOM AVAILABLE
Gain Access
Auction Date
26 Mar 2026 12:00PM
Selling Details
Contact Agent

Investment Highlights

ICONIC SMITH STREET CORNER FREEHOLD – MIXED-USE INVESTMENT WITH CHARACTER & INCOME
  • Corner location
  • Fully leased investment
  • Two income streams

Gross Waddell ICR is pleased to offer 257 Smith Street, Fitzroy for sale via Public Auction on Thursday 26th March at 12pm.

Positioned on the prominent corner of Smith Street and St David Street, this unique two-level mixed-use freehold offers investors a rare opportunity to secure a character-filled asset in one of Melbourne’s most tightly held inner-city locations.

Featuring a leased ground-floor florist and a funky first-floor apartment, the property combines strong street presence, diversified income and long-term upside in a vibrant lifestyle and retail precinct.

Key features include:

• Prime corner freehold with excellent exposure and dual street frontage

• Two-level building combining retail and residential accommodation

• Ground floor securely leased to an established florist

• First floor comprises a ‘funky’ self-contained apartment

• Current combined income of approximately $89,670* per annum

• Unique character building with strong appeal to investors and future owner-occupiers

• Located within a highly sought-after inner-city precinct surrounded by retail, dining and lifestyle amenity

257 Smith Street, Fitzroy is offered for sale via Public Onsite Auction on Thursday 26th March at 12pm.

For more information or to organise an inspection, please contact Gross Waddell ICR directly.

*approx.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

Finance Calculator

257 Smith Street, Fitzroy, VIC, 3065

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
$xxx,xxx
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 257 Smith Street, Fitzroy, VIC, 3065

Property Map
Enquire
calculator-icon Yield Calculator
calcultor-icon Yield Calculator