59 Smith Street, Fitzroy VIC 3065
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140 sqm / approx
City Fringe Blue-Chip Investment
Located on one of Melbourne’s most highly sought-after retail strips, Smith Street is renowned for its lively atmosphere, attracting a diverse crowd of shoppers, foodies and culture enthusiasts. The area is a hotspot for trendy boutiques, cutting-edge galleries, stylish cafes and gourmet restaurants.
Key Investment Features:
- Favourable Commercial 1 Zoning (C1Z)
- Building area 140m2*
- Securely leased to ‘REH Liquids’
- Net income $50,000* per annum
- Prominent two-storey freehold in Fitzroy’s vibrant and dynamic commercial landscape
- Immediate access to public transport via tram and pedestrian-friendly street layout provides high foot traffic
- Located near the junction of very popular Gertrude St & Smith St
- Minutes to Melbourne CBD and surrounded by an array of premium retail and hospitality tenants including Cutler & Co, Builders Arms Hotel, Archie’s All Day, Aesop, Le Labo and Ladro Gertrude
- Fitzroy has a median house price of $1,700,000 and is supported by a young, affluent and densely populated demographic!
For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial.
*approx.