454-456 Nicholson Street,
Fitzroy North, VIC 3068
Shops & Retail • Showrooms & Large Format Retail • Offices
Detailed listing
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Zoning
Tenure type
Tenanted Investment Details
Occupancy
Partially Leased
Est. Incomep.a.
$40,140
Number of Tenants
1 Tenant
Tenants / Type
Burger Bar
Private inspections
to arrange a private inspection.
Steveway Real Estate - Richmond
235A Church StreetRICHMOND, VIC 3121
454-456 Nicholson Street
Fitzroy North, VIC 3068
Detailed listing
Map of 454-456 Nicholson Street
Train stations within 5 km of 454-456 Nicholson Street, Fitzroy North, VIC 3068 Distance Rushall Station 1.5 km Clifton Hill Station 1.7 km Merri Station 1.9 km Victoria Park Station 1.9 km Parkville Station 2.1 km POWERED BY HERE ©Tram stops within 5 km of 454-456 Nicholson Street, Fitzroy North, VIC 3068 Distance 18-Curtain St/Nicholson St (Carlton North) 28 m 18-Freeman St/Nicholson St (Fitzroy North) 33 m 20-Fitzroy Bowls Club/Brunswick St (Fitzroy North) 300 m 19-Newry St/Brunswick St (Fitzroy North) 325 m 17Alexandra PdeNicholson St Fitzroy North 334 m POWERED BY HERE ©Bus stops within 5 km of 454-456 Nicholson Street, Fitzroy North, VIC 3068 Distance Fenwick StRathdowne St 414 m Curtain Square/Rathdowne St (Carlton North) 417 m Nicholson StRichardson St 443 m Canning StRichardson St Carlton North 456 m OGrady StRathdowne St Carlton North 460 m POWERED BY HERE ©
POWERED BY HERE ©
TWO LEVEL BUILDING WITH TWO SEPARATE SPACES (GROUND FLOOR AND FIRST FLOOR)
Endless possibilities with scope to occupy as residence.
Combined Building Area: 380 sqm approx.
Land Area: 359 sqm approx.
Ground Floor:
Licenced Restaurant/Burger Bar Leased to “That Burger Joint”
Floor Area: 190 sqm approx.
Lease: Five (5) Years commencing 10/01/2025
Rental: $40,170 per annum plus GST as at 10/01/2026
Increases: Yearly by 3%
Further Term: Five (5) Years
Outgoings are payable by tenant
1st Floor
Being offered with Vacant Possession
Separate Front & Rear Entrance
Floor Area: 190 sqm approx.
Previously leased to a commercial tenant (Wellness Centre)
Potential rental of $45,000 - $50,000 per annum approx.
Suitable to Occupy or Lease out or a mixture of both
Large Open Plan Area
4 Rooms/Bedrooms
Kitchen with Commercial Extraction Canopy
2 Bathrooms + powder room
Laminate Floor Coverings
Heating/Cooling
The property features:
Separate electricity metres
Solid Brick Construction
Concrete Slab flooring to both levels
Roller Door at Rear
Courtyard
Grease Trap
Exhaust Canopies
3 Phase Power
Zoned Neighbourhood Residential
Ground Floor Outgoings (payable by tenant):
Council Rates: $7,000 per annum
Water Rates: $700 per annum
1st Floor Outgoings
Council Rates: $1,400 per annum
Water Rates: $700 per annum
Combined Building Area: 380 sqm approx.
Land Area: 359 sqm approx.
Ground Floor:
Licenced Restaurant/Burger Bar Leased to “That Burger Joint”
Floor Area: 190 sqm approx.
Lease: Five (5) Years commencing 10/01/2025
Rental: $40,170 per annum plus GST as at 10/01/2026
Increases: Yearly by 3%
Further Term: Five (5) Years
Outgoings are payable by tenant
1st Floor
Being offered with Vacant Possession
Separate Front & Rear Entrance
Floor Area: 190 sqm approx.
Previously leased to a commercial tenant (Wellness Centre)
Potential rental of $45,000 - $50,000 per annum approx.
Suitable to Occupy or Lease out or a mixture of both
Large Open Plan Area
4 Rooms/Bedrooms
Kitchen with Commercial Extraction Canopy
2 Bathrooms + powder room
Laminate Floor Coverings
Heating/Cooling
The property features:
Separate electricity metres
Solid Brick Construction
Concrete Slab flooring to both levels
Roller Door at Rear
Courtyard
Grease Trap
Exhaust Canopies
3 Phase Power
Zoned Neighbourhood Residential
Ground Floor Outgoings (payable by tenant):
Council Rates: $7,000 per annum
Water Rates: $700 per annum
1st Floor Outgoings
Council Rates: $1,400 per annum
Water Rates: $700 per annum
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Fitzroy North, 3068 demographic data
The median household income for Fitzroy North is $2,300, 21% higher than Greater Melbourne's household income of $1,901. Fitzroy North has a younger age profile compared to the rest of Greater Melbourne (median age 36 vs 37). Property ownership data shows 44% of property owners in Fitzroy North have a mortgage.
12,781
Population
$2,300 per week
Median household income
36 years
Median age
Renters
Most residents
Families
Most households
Steveway Real Estate - Richmond235A Church Street
RICHMOND, VIC 3121
RICHMOND, VIC 3121