Contract type Sale
Property Type Retail, Commercial
Price $1,050,000 ONO deadline sale closing 30th April 2024
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63 SMITH STREET, FITZROY VIC

This stunning retail shop is perfectly positioned on Smith Street, one of the most sought-after locations in Fitzroy, close to the corner of Smith and Gertrude and surrounded by a number of well-established boutique retailers and businesses.

This property features:

> Stunning period façade with excellent street frontage
> Refurbished shop with hardwood timber floors
> Additional storage room at rear
> Kitchen and toilet
> Rear courtyard
> Heating/cooling
> Leased investment currently retuning $46,800 p.a. + GST + outgoings
> Fabulous & iconic Fitzroy tenant (Liberty's Heart www.libertysheart.com/)
> 1 year remaining on the current lease with 1 further option of 3 years
> LAND AREA 98m2 (approx.)
> BUILDING AREA: 90m2 (approx.)

The property is located at the CBD end of the street, in a rapidly evolving precinct with the high profile One Smith Street development by Pellicano commencing shortly, the recently completed iconic Nine Smith development by Neometro and other boutique residential and commercial developments approved or being constructed. Properties like this are tightly held, don't miss this rare opportunity to own your own piece of Smith Street. For more information to secure this property as an investment, for future owner-occupation or to value-add (STPA) please contact exclusive agents MIGLIC DEAN for further information or to arrange an inspection today.