ICONIC SMITH STREET CORNER FREEHOLD – MIXED-USE INVESTMENT WITH CHARACTER & INCOME

257 Smith Street
Fitzroy

*****UNDER CONTRACT*****

Gross Waddell ICR is pleased to offer 257 Smith Street, Fitzroy for sale.

Positioned on the prominent corner of Smith Street and St David Street, this unique two-level mixed-use freehold offers investors a rare opportunity to secure a character-filled asset in one of Melbourne’s most tightly held inner-city locations.

Featuring a leased ground-floor florist and a funky first-floor apartment, the property combines strong street presence, diversified income and long-term upside in a vibrant lifestyle and retail precinct.

Key features include:

• Prime corner freehold with excellent exposure and dual street frontage

• Two-level building combining retail and residential accommodation

• Ground floor securely leased to an established florist

• First floor comprises a ‘funky’ self-contained apartment

• Current combined income of approximately $89,670* per annum

• Unique character building with strong appeal to investors and future owner-occupiers

• Located within a highly sought-after inner-city precinct surrounded by retail, dining and lifestyle amenity

For more information or to organise an inspection, please contact Gross Waddell ICR directly.

*approx.

Michael Gross

Director - Sales - Partner

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Alex Ham

Director - Sales - Partner

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Price

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