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Gross Waddell ICR - Commercial

312 Brunswick Street Fitzroy, VIC 3065

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312 Brunswick Street,
Fitzroy, VIC 3065

Shops & Retail

Key property information

Land area

Floor area

Tenure type

Sold on

Gross Waddell ICR - Commercial
Julian Materia
Raff De Luise

Gross Waddell ICR - Commercial

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR - Commercial
312 Brunswick Street
Fitzroy, VIC 3065

Map of 312 Brunswick Street

Directions

DOUBLE FRONTED RETAIL INVESTMENT

Gross Waddell ICR is pleased to present 312 Brunswick Street, Fitzroy to the market for sale.

Positioned in the heart of Brunswick Street this attractive double fronted retail investment provides a good rental income stream from an experienced hospitality tenant. The recently renewed five (5) year lease gives comfort to investors.

312 Brunswick Street sits in a prominent location on an active retail strip surrounded by national brands, well known retailers, cafes, bars, restaurants with the added benefit of multiple public transport options. We encourage you to inspect this worthwhile investment.

Key Features Includes:

- Building Area: 300 sqm*
- Land Area: 165 sqm*
- Experienced Hospitality Tenant (Witches in Britches Pty Ltd)
- Renewed 5 year lease with commencing rent of $128,684.40* p.a (commencing on the 1st April 2023)
- Further Term: Five (5) + Five (5) + Five (5) Years
- Fixed 4% annual increases & market review at option
- Favourable Commercial 1 Zone (C1Z)
- Prominent location in active retail strip surrounded by national brands, well know retailers, cafes, bars, restaurants.

*approx


For further details or organise an inspection, please contact one of the exclusive selling agents from Gross Waddell ICR.

Additional information

Fitzroy, 3065 demographic data

The median household income for Fitzroy is $2,194, 15% higher than Greater Melbourne's household income of $1,901. Fitzroy has a younger age profile compared to the rest of Greater Melbourne (median age 35 vs 37). Property ownership data shows 51% of property owners in Fitzroy have a mortgage.

10,431
Population
$2,194 per week
Median household income
35 years
Median age
Renters
Most residents
Families
Most households

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