Shop 1, 166 Gertrude Street,
Fitzroy, VIC 3065
Key property information
Map of Shop 1, 166 Gertrude Street
Train stations within 5 km of Shop 1, 166 Gertrude Street, Fitzroy, VIC 3065 Distance Parliament Station 745 m Jolimont Station 1.2 km North Richmond Station 1.2 km Collingwood Station 1.2 km West Richmond Station 1.4 kmPOWERED BY HERE © Tram stops within 5 km of Shop 1, 166 Gertrude Street, Fitzroy, VIC 3065 Distance 14-Napier St/Gertrude St (Fitzroy) 43 m 15-Smith St/Gertrude St (Fitzroy) 220 m 13-Brunswick St/Gertrude St (Fitzroy) 262 m 15-Gertrude St/Smith St (Fitzroy) 263 m 13-Gertrude St/Brunswick St (Fitzroy) 293 mPOWERED BY HERE © Bus stops within 5 km of Shop 1, 166 Gertrude Street, Fitzroy, VIC 3065 Distance Australian Catholic University/Victoria Pde (Fitzroy) 280 m 15-Smith St/Victoria Pde (East Melbourne) 365 m Eye & Ear Hospital/Victoria Pde (East Melbourne) 385 m Clarendon St/Victoria Pde (East Melbourne) 435 m St Vincents Hospital/Victoria Pde (East Melbourne) 594 mPOWERED BY HERE ©
City Fringe Investment Leased by Experienced & Highly Rated Operator on Renewed 5 Year Lease.
- Brand new 5-year lease
- Fixed 4% rental increases
- Minimal vendor outgoings
- Recently renewed 5-year net lease to prominent hospitality operators who have experience at some of Melbourne’s most well-known venues - Attica, The Press Club, Vue de Monde & St Ali
- Calēre Coffee & Gaea Dining is a strategic 2-in-1 tenant that covers morning and evening trade through a café/ restaurant dual business strategy – Calēre Coffee also runs an online platform offering take away food and delicatessen produce
- Currently providing annual income of $97,350* + GST + Outgoings with vendor favoured fixed 4% rental increases
- Prime 111sqm* premises with on-title car park, rear access and common property amenity (bathroom facilities), ensuring no retail space is wasted and customers are not disturbed during trading hours
- Located on the affluent Gertrude Street, Fitzroy retail strip just 700m* from the CBD and extremely well connected by public transport (tram) providing direct linkage to the CBD in under 7 minutes
- High foot traffic position benefiting from direct access to massive amounts of surrounding amenity, notably the Melbourne medical precinct that includes St Vincent’s Hospital, St Vincent’s Institute of Medical Research, Centre for Eye Research Australia, The Royal Victorian Eye & Ear Hospital and The Bionics Institute
- Surrounded by retail & hospitality excellence including Cutler & Co., Marion, Anada, Charcoal Lane, Archies All Day, Little Salon Messer & many more
Shop 1, 166 Gertrude Street, Fitzroy is for sale via Public Onsite Auction Friday 21st May 2021 at 12.30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.
0448 782 594
0439 400 081
0422 848 818
This property is being sold together with Shops 4 & 5 via consecutive individual on-site auctions.
Property Code: 245
Property ID: 503801542Last Updated: 17 May 2021
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