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

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+16 Photos

+18 Photos

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

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

Tenanted Investment