175 Brunswick Street, Fitzroy, VIC, 3065

Nelson Alexander Commercial are pleased to present 175 Brunswick Street Fitzroy for sale Via Public Auction on Friday 31st March at 1pm.

This former hotel is recognised as a Fitzroy landmark with prominent exposure to Brunswick/King William Street and 100% leased to established tenants. With a very limited amount of corner freeholds existing and even fewer available for sale, this is an ultra-rare opportunity to secure one of Fitzroy’s finest investment opportunities.

Key features of this outstanding investment opportunity:

> High profile corner building providing three secure tenancies across three levels; popular restaurant ‘Kleo’s Dining’, long standing tenant ‘Heretic Tattoo’ and national tenant ‘Peaches Pilates’

> Spanning a total floor area of 550sqm* across three (3) levels with views towards and away from Melbourne CBD

> Strong net (excl land tax) rental income of approx. $210,000^ pa with WALE of 3.1 years

> Flexible Commercial 1 Zoning allowing for a variety of future uses including 1F/2F residential conversion (STCA)

> Light filled building retaining original features throughout and well maintained by long standing tenants

> Located on Brunswick Street, one of Melbourne’s most well-known and established retail/hospitality strips with a proven track record and surrounded by a number of established national and local retailers/hospitality venues

> An ultra-rare opportunity to secure one of the few corner freeholds on Brunswick Street in the heart of FItzroy

For all enquiries or to arrange a private inspection, please contact exclusive selling agents Nelson Alexander Commercial.

+Kristian Lunardi

0401 810 556

klunardi@nelsonalexander.com.au

+Ethan Wong 黄乙辉

0427 349 064

ewong@nelsonalexander.com.au

*Approx.

^Rental as at 1/6/2023

Remember to mention you found this property on CommercialReady