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262-266 Nicholson Street, Fitzroy, VIC, 3065

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262-266 Nicholson Street, Fitzroy, VIC, 3065

Fitzroy

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262-266 Nicholson Street, Fitzroy, VIC, 3065

Fitzroy

SOLD
262-266 Nicholson Street, Fitzroy, VIC, 3065

262-266 Nicholson Street, Fitzroy, VIC, 3065

Properties / Sold / Victoria / Fitzroy
Tenanted Investment
Selling Method
Sale by Negotiation
Selling Details
Contact Agent
Land Area
451 m² (*approx)
Floor Area
205 m² (*approx)
Property Type
Retail, Other, Land
Sub-type
Mixed Use
Terms
5-year lease from 12th February 2025 with no further options
Fully Leased
City Hand Carwash and Café
Show All
INNER MELBOURNE CORNER INVESTMENT WITH UPSIDE
  • Recently Renewed Lease
  • Long-standing Tenant
  • Blended MUZ and C2Z Zoning

*****UNDER OFFER*****

Gross Waddell ICR is pleased to offer for sale 262-266 Nicholson Street, Fitzroy, a prime triple street fronted landbank investment. Securely leased to a long-standing tenant, the property offers unbeatable exposure and a combined street frontage of 70 m* and is located within the heart of Melbourne’s coolest neighbourhood.

• Substantial corner landholding of 451 sqm* with triple street frontage to Nicholson Street, Henry Street and Argyle Street

• Securely leased to City Hand Carwash and Café on a recently renewed lease

• 5-year lease from 12th February 2025 with no further options

• Substantial income profile 

• Blended zoning of C2Z and MUZ providing inherent development or reposition outcomes post lease expiry

• Exceptional city fringe location in Melbourne’s trendy inner suburb of Fitzroy, merely 2.6 km* from the Melbourne CBD

• Within immediate proximity to thriving retail precincts including Brunswick Street (190 m*), Lygon Street 665 m*), Smith Street (805 m*) and Gertrude Street (920 m*)

• Fitzroy has been noted as the world’s coolest neighbourhood, full eclectic bars and restaurants which are popular with students, weekenders and young professionals

• Perfect connectivity with tram route directly out front and easy drive into the CBD via Nicholson Street

For further information or to discuss this investment opportunity further, please contact the team at Gross Waddell ICR directly.

*approx.

Remember to mention you found this property on CommercialReady

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Tenanted Investment
Tenanted Investment

262-266 Nicholson Street Investment Summary

Property Type
Retail, Other, Land
Sub-type
Mixed Use
Tenant
City Hand Carwash and Café
Terms
5-year lease from 12th February 2025 with no further options
Land Area
451 m² (*approx)
Floor Area
205 m² (*approx)
Selling Method
Sale by Negotiation
Selling Details
Contact Agent

Investment Highlights

INNER MELBOURNE CORNER INVESTMENT WITH UPSIDE
  • Recently Renewed Lease
  • Long-standing Tenant
  • Blended MUZ and C2Z Zoning

*****UNDER OFFER*****

Gross Waddell ICR is pleased to offer for sale 262-266 Nicholson Street, Fitzroy, a prime triple street fronted landbank investment. Securely leased to a long-standing tenant, the property offers unbeatable exposure and a combined street frontage of 70 m* and is located within the heart of Melbourne’s coolest neighbourhood.

• Substantial corner landholding of 451 sqm* with triple street frontage to Nicholson Street, Henry Street and Argyle Street

• Securely leased to City Hand Carwash and Café on a recently renewed lease

• 5-year lease from 12th February 2025 with no further options

• Substantial income profile 

• Blended zoning of C2Z and MUZ providing inherent development or reposition outcomes post lease expiry

• Exceptional city fringe location in Melbourne’s trendy inner suburb of Fitzroy, merely 2.6 km* from the Melbourne CBD

• Within immediate proximity to thriving retail precincts including Brunswick Street (190 m*), Lygon Street 665 m*), Smith Street (805 m*) and Gertrude Street (920 m*)

• Fitzroy has been noted as the world’s coolest neighbourhood, full eclectic bars and restaurants which are popular with students, weekenders and young professionals

• Perfect connectivity with tram route directly out front and easy drive into the CBD via Nicholson Street

For further information or to discuss this investment opportunity further, please contact the team at Gross Waddell ICR directly.

*approx.

Remember to mention you found this property on CommercialReady

Read More

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262-266 Nicholson Street, Fitzroy, VIC, 3065

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Property Location of 262-266 Nicholson Street, Fitzroy, VIC, 3065

Property Map
262-266 Nicholson Street, Fitzroy, VIC, 3065 Fitzroy
Gross Waddell ICR
Gross Waddell ICR
Level 1, 30 Collins Street Melbourne VIC 3000
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