Nelson Alexander Commercial are delighted to offer For Sale this superbly located investment opportunity in the heart of Fitzroy. Consisting of a large double fronted retail shop plus a separate rear 2 bedroom residence this mixed income opportunity provides excellent value. With the shopfront being only single level there is also opportunity to further develop (STCA) in the years to come. Whichever way you look at it this is a fantastic property in a prime location. The full property details are outlined below.
• Zoned Commercial 1
• Land Area 175m2 (approx.)
• Building Area 170m2 (approx.)
• Prime Blue Chip Fitzroy Location
• Excellent Development Potential (STCA)
• Valuable Liquor Licence
• Mixed Income Investment (Commercial & Residential)
• Total Income $100,717 pa
• New 3 Year Commercial Lease (+3)
• New 1 Year Residential Lease
• Excellent 7 Metre Street Frontage
• Fantastic Opportunity Not To Be Missed!
For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.
For more details, please email agent