312 Brunswick Street , Fitzroy

300.00m2
Retail
Contact Agent

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.

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Level 1, 30 Collins Street
Melbourne VIC 3000