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

257 Smith Street
Fitzroy

Gross Waddell ICR is pleased to offer 257 Smith Street, Fitzroy for sale via Public Auction on Thursday 26th March at 12pm.

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

257 Smith Street, Fitzroy is offered for sale via Public Onsite Auction on Thursday 26th March at 12pm.

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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