



Savills have the exclusive privilege of offering for sale this landmark Fitzroy corner freehold, underpinned by secure income and offering outstanding future development potential. Key details of the opportunity include: - A corner 2-level retail/office building of 1,325sqm* - Fully leased to Nelson Alexander and Great Dane Furniture - Set on a valuable corner landholding of 903sqm* plus R.O.W access to Argyle Street - Commercial 1 Zone within DDO36 allowing a building height of 10+ levels* - Current net passing income of $445,646 per annum* - Directly opposite two major approved projects comprising a total of 445 apartments* over 11 levels, which will dramatically increase demand for complimentary retail spaces in the area - Ideally located between Brunswick Street and Smith Street retail strips - Unique opportunity to occupy the prime ground floor retail space - The ultimate investment in Melbourne’s most sought-after lifestyle location *Approx. For Sale by Expressions of Interest closing on Wednesday 12 August at 2pm
Email enquiry to Savills - Melbourne
Property ID: 505181884
Original Property ID: 505181884