SOLD
Sold on 24 Nov 2023 for $1,570,000

336 Brunswick Street
Fitzroy VIC 3065

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 108m2
Sold By
Ethan Wong
Nelson Alexander Commercial
Jake Jenkins
Nelson Alexander Commercial
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Property Details for 336 Brunswick St, Fitzroy

Building Type
Commercial
Floor Size
120m2
Land Size
108m2
Local Government
Yarra
Lot/Plan
1/LP22205

Last Listing description (November 2023)

Nelson Alexander Commercial are pleased to present 336 Brunswick Street Fitzroy for Private Sale.

Located in one of Melbourne's most activated and established hospitality precincts, this sensational retail investment is backed by an internationally recognised charity providing security of tenure and excellent growth potential in a proven location.
Key features of this outstanding investment opportunity:

> Radhey Kitchen and Chai Bar, one of Fitzroy's most popular Vegan restaurants, is a subsidiary of International Society for Krishna Consciousness (ISKCON).
> Rental income of $80,000pa* +GST via 4-year lease (with options).
> Well-presented two-level building with rear access via ROW and flexible Commercial 1 Zoning.
> Situated on Brunswick Street, one of Melbourne's most well-known and established retail/hospitality strips with a proven track record and surrounded by a number of established national and local retailers/hospitality venues.
> Located only 1.3km* from Melbourne CBD and well serviced by public transport.

336 Brunswick Street Fitzroy provides a unique opportunity to align your investment endeavors with a globally recognized charity in a dynamic city fringe location.

For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial.

+Kristian Lunardi | 0401 810 556
+Ethan Wong | 0427 349 064
+Jake Jenkins | 0438 042 546

*Approx.

Property History for 336 Brunswick St, Fitzroy, VIC 3065

A timeline of how this property has performed in the market
Last Sold
$1,570,000
24 Nov 2023
Listed for Rent
$1.34k/w
01 May 2014
  • 24 Nov 2023
    Sold for $1,570,000
  • 11 Oct 2023
    Listed for Sale Contact Agent
  • 19 Jul 2013
    Listed for Rent - Price not available
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About Fitzroy 3065

The size of Fitzroy is approximately 1.4 square kilometres. It has 8 parks covering nearly 2.7% of total area. The population of Fitzroy in 2011 was 9,431 people. By 2016 the population was 10,439 showing a population growth of 10.7% in the area during that time. The predominant age group in Fitzroy is 20-29 years. Households in Fitzroy are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fitzroy work in a professional occupation. In 2011, 36.5% of the homes in Fitzroy were owner-occupied compared with 34.5% in 2016.

Fitzroy has 8,591 properties. Over the last 5 years, Houses in Fitzroy have seen a 12.76% increase in median value, while Units have seen a -9.72% decrease. As at 31 October 2024:

  • The median value for Houses in Fitzroy is $1,637,909 while the median value for Units is $757,403.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 27 properties listed for sale, and 12 properties listed for rent in Fitzroy on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in Fitzroy.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.