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Shops 1-3, 397 Smith Street, Fitzroy, VIC, 3065

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Shops 1-3, 397 Smith Street, Fitzroy, VIC, 3065

Shops 1-3, 397 Smith Street, Fitzroy, VIC, 3065

Properties / Buy / Victoria / Fitzroy
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Thursday 7th March at 12pm onsite.
Floor Area
365 m² (*approx)
Property Type
Retail, Other
Sub-type
Strip Retail, Mixed Use
Terms
Long term tenant that has been in occupation for over 20 years
Est. Income
$148,000 p/a
Fully Leased
Converse
Show All

2. Property Highlights

Circa 6% Yield - Prime Collingwood Corner
  • Long Standing Tenant t/as Converse
  • Corner Frontage of Over 39 Metres
  • Rapidly Transforming Location

Fitzroys is pleased to present shops 1-3, 397 Smith Street Fitzroy For Sale

Key attributes include:

- Outstanding property leased to global retailer trading as “Converse”

- Returning $148,000 per annum

- Long term tenant that has been in occupation for over 20 years

- Ideally situated on the corner of Smith and Kerr Streets with high exposure frontage of over 39.8m*

- Expansive single storey floor plate of 365sqm* - effectively 3 combined shops

- Comprising an exceptionally presented open plan retail showroom with polished concrete flooring, rear storage, office, staff amenities, and heating and cooling throughout retail showroom

- Rear access via Kerr Street

- Dynamic precinct surrounded by extensive new development and rejuvenation and a wide variety of popular cafes, restaurants bars and retailers

- Only 2kms* from Melbourne's CBD

For further information please contact Fitzroys selling agents Ervin Niyaz or Shane Mills.

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail, Other
Sub-type
Strip Retail, Mixed Use
Est. Income
$148,000 p/a
Tenant
Converse
Terms
Long term tenant that has been in occupation for over 20 years
Floor Area
365 m² (*approx)
Selling Method
Auction
Selling Details
Thursday 7th March at 12pm onsite.

2. Property Highlights

Circa 6% Yield - Prime Collingwood Corner
  • Long Standing Tenant t/as Converse
  • Corner Frontage of Over 39 Metres
  • Rapidly Transforming Location

Fitzroys is pleased to present shops 1-3, 397 Smith Street Fitzroy For Sale

Key attributes include:

- Outstanding property leased to global retailer trading as “Converse”

- Returning $148,000 per annum

- Long term tenant that has been in occupation for over 20 years

- Ideally situated on the corner of Smith and Kerr Streets with high exposure frontage of over 39.8m*

- Expansive single storey floor plate of 365sqm* - effectively 3 combined shops

- Comprising an exceptionally presented open plan retail showroom with polished concrete flooring, rear storage, office, staff amenities, and heating and cooling throughout retail showroom

- Rear access via Kerr Street

- Dynamic precinct surrounded by extensive new development and rejuvenation and a wide variety of popular cafes, restaurants bars and retailers

- Only 2kms* from Melbourne's CBD

For further information please contact Fitzroys selling agents Ervin Niyaz or Shane Mills.

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Shane Mills
Shane Mills
+61 *** *** *** show +61 428 819 226
Message
+61 428 819 226 millss@fitzroys.com.au Message
Ervin Niyaz
Ervin Niyaz
+61 *** *** *** show +61 404 808 327
Message
+61 404 808 327 niyaze@fitzroys.com.au Message

Download Development Site Report

3. Property Location

Shops 1-3, 397 Smith Street, Fitzroy, VIC, 3065

Property Map
Street View
Shops 1-3, 397 Smith Street, Fitzroy, VIC, 3065 Fitzroy
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Fitzroys
Fitzroys
Level 27, 360 Collins Street, Melbourne VIC 3000
View Agency Profile
Shane Mills
Shane Mills
+61 *** *** *** show +61 428 819 226
Ervin Niyaz
Ervin Niyaz
+61 *** *** *** show +61 404 808 327
Enquire
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