Gross Waddell ICR is pleased to offer to the market 261 Brunswick Street, Fitzroy for sale.
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This property has the following key investment highlights:

• City fringe two storey freehold investment situated in the heart of Brunswick Street’s iconic shopping precinct.

• Rental income: $77,000 pa* + GST.

• Brand new three (3) year lease to 2027 plus further options to 2030.

• Olga de Polga: Globally recognized Melbourne brand offering high quality and design clothes with over 25 years of history, proven business in the same location for the last decade.

• Investor preferred net lease terms, with tenants responsible for all outgoings as per lease.

• Rare fixed 4% annual rent increases.

• High-profile two-level building situated on 127m* freehold Commercial 1 Zoned (C1Z) land with rear access.

• Prominent position with direct frontage to busy Brunswick Street with over 11,200 vehicles passing daily.

• Surrounded by an array of national tenants, including Coles, Woolworths, 7-Eleven, Chemist Warehouse, Ultra Tune, Westpac, and Australia Post.

• Fitzroy: Booming inner City suburb only 1.5km* from CBD, population forecast to grow 41% by 2046.

For further information or to organise a personal inspection, please contact the exclusive marketing and sales agents directly.

*approx.

 For further information, or an inspection of the premises, please contact an agent.