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
Train stations within 5 km of 148 Scotchmer Street, Fitzroy North, VIC 3068 Distance Rushall Station 672 m Merri Station 997 m Clifton Hill Station 1.1 km Westgarth Station 1.4 km Northcote Station 1.8 km POWERED BY HERE ©Tram stops within 5 km of 148 Scotchmer Street, Fitzroy North, VIC 3068 Distance 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 St 581 m POWERED BY HERE ©Bus stops within 5 km of 148 Scotchmer Street, Fitzroy North, VIC 3068 Distance St Georges RdScotchmer St 47 m St Georges Rd/Reid St (Fitzroy North) 338 m Edwardes Place/Scotchmer St (Fitzroy North) 353 m Fitzroy High SchoolMichael St 399 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
• 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
External websites
Property ID: 504548252Last Updated: 2 May 2024
04217367...
148 Scotchmer Street
Fitzroy North, VIC 3068
Raine & Horne - Gisborne42 Brantome Street
GISBORNE, VIC 3437
GISBORNE, VIC 3437
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