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148 Scotchmer Street Fitzroy North, VIC 3068

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148 Scotchmer Street,
Fitzroy North, VIC 3068

Shops & Retail • Development Sites & Land • Offices

Price information

Sale

Private Sale

Key property information

Land area

Floor area

Zoning

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$46,681
Number of Tenants
1 Tenant

Private inspections

to arrange a private inspection.

Map of 148 Scotchmer Street

Directions
  • Train stations within 5 km of 148 Scotchmer Street, Fitzroy North, VIC 3068Distance
    Rushall Station672 m
    Merri Station997 m
    Clifton Hill Station1.1 km
    Westgarth Station1.4 km
    Northcote Station1.8 km
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  • Tram stops within 5 km of 148 Scotchmer Street, Fitzroy North, VIC 3068Distance
    22-Scotchmer St/ST Georges Rd (Fitzroy North)39 m
    23-Park St/ST Georges Rd (Fitzroy North)247 m
    21-Alfred Cres/St Georges Rd (Fitzroy North)266 m
    21-Scotchmer St/Nicholson St (Fitzroy North)580 m
    18-Scotchmer St/Nicholson St581 m
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  • Bus stops within 5 km of 148 Scotchmer Street, Fitzroy North, VIC 3068Distance
    St Georges RdScotchmer St47 m
    St Georges Rd/Reid St (Fitzroy North)338 m
    Edwardes Place/Scotchmer St (Fitzroy North)353 m
    Fitzroy High SchoolMichael St399 m
    Porter St/Holden St (Fitzroy North)414 m
    POWERED BY HERE ©
POWERED BY HERE ©

First-Rate Freehold in Flourishing Fitzroy North Village

• Significant heritage freehold with rear frontage and loading access via Austin Way
• Dependable, long-term lease to a thriving restaurant
• Outstanding foot traffic in ultra-high-exposure Fitzroy North Village

A first-class commercial prospect among one of the inner-north's most widely adored lifestyle strips, this substantial, low-maintenance freehold offers dependable, passive income with scope to repurpose down the line. Currently rented to a long-time Italian restaurant, lease details include:
- $46,681.80 per annum ($3890.15 per calendar month)
- Three years secured from 11/10/2023
- A pair of three-year extension options, leased at increased amounts

Noteworthy points include:
- Land size: 134sqm approx. with rear frontage and loading access via Austin Way
- Neighbourhood Residential Zone (NRZ)
- Heritage Overlay (HO327)
- Approx. 4km to Melbourne's bustling city centre
- Multiple tram routes and Rushall Station ensuring quick access to the CBD and beyond
- Placed among some of Melbourne's most popular cafés, restaurants, bars, and boutiques
- Steps from picturesque Edinburgh Gardens and Merri Creek
- Moments from Nicholson Street, Queens Parade, and additional inner-city lifestyle precincts
- Further prosperity coming to the area with Piedimonte's imminent redevelopment

Additional information

Property ID: 504548252Last Updated: 2 May 2024

04217367...
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148 Scotchmer Street
Fitzroy North, VIC 3068
Raine & Horne - Gisborne
42 Brantome Street
GISBORNE, VIC 3437
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