OFF MARKET

FLOOR 1/365 Brunswick Street
Fitzroy VIC 3065

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 125m2
Land area: 113m2
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Property Details for Floor 1/365 Brunswick St, Fitzroy

Building Type
Commercial
Floor Size
125m2
Land Size
113m2
Local Government
Yarra
Lot/Plan
1/TP761924

Last Listing description (November 2023)

Nelson Alexander Commercial are delighted to offer For Sale via Public Auction this fantastic investment opportunity in the heart of Brunswick Street Fitzroy. The property is set over two levels and is home to the hugely popular Mukka Indian Restaurant. Mukka enjoys a cult following from its customers and has a 4.7 star rating on Uber Eats. The property benefits from a brand new 10 year lease (5+5) and has fixed 4% increases built in. If you are looking for the perfect set and forget investment then this is for you!

Property Features:

Zoned Commercial 1 (C1)

Land Area 113m2 (approx.)
Building Area 147m2 (approx.)
Brand New 10 Year Lease (5+5)
Current Rent $64,000 pa plus gst plus outgoings
Rent Reviews 4% PA
Hugely Popular Mukka Indian Restaurant
4.7 Star Rating on Uber Eats
Prime Brunswick Street Location
Perfect set and forget investment opportunity
In the heart of the hospitality precinct
Fantastic freehold opportunity that we highly recommend!

For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

Property History for Floor 1/365 Brunswick St, Fitzroy, VIC 3065

A timeline of how this property has performed in the market
Last Sold
$1,340,000
24 Nov 2023
Listed for Rent
$1.44k/w
22 Apr 2015
  • 24 Nov 2023
    Sold for $1,340,000
  • 26 Oct 2023
    Listed for Sale Contact Agent
  • 31 Mar 2015
    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 8,589 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, 266 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.