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.
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:
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