A Fitzroy Freehold with Unrivalled Fundamentals – 100% Leased and Providing Future Possibilities

  • $2,000,000/Contact the Stonebridge Team

Property Description

Stonebridge Property Group is pleased to present for sale 176 Johnston Street & 300 Napier Street, Fitzroy.

The key highlights of the opportunity include:

– An expansive 432 sqm* Fitzroy freehold, leased to two proven tenants with a long history of trading success.

– Positioned across two separate freehold titles, available to be purchased separately or together

– Well-located on the high-exposure corner of Johnston and Napier Street, the property enjoys exposure to 19,000 cars daily*

– Scope for income growth through paid (billboard) signage, with Johnston Street boasting multiple examples of established signage precedent

– Strategic lease structures allow for potential site access by May 2028

– With 69 m* of street frontage and favourable zoning, the property provides significant and supported development upside – The property is being offered with approved plans for a mixed-use project

– Located in the heart of Fitzroy, one of Melbourne’s most desirable city-fringe suburbs, supported by a young and affluent demographic

– Fitzroy residents boast a median weekly personal income 57% higher than the Victorian average

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Stonebridge’s Strip Retail Investments team is a market leader, with over 30 years of combined experience specialising in the divestment of metropolitan Melbourne strip retail assets.

Nic Hage
0448 782 594

Ian Lam 林煒峻
0416 621 859
如需任何国语或粤语咨询,请联系我们亚洲业务团队的Ian Lam 林煒峻,联系电话: 0416 621 859,并可随时加他的微信 (WeChat ID: Ianlam2001)。

Rorey James
0439 400 081

Our ID: a0TOd00000YA23TMAT
Our Ref: Strip Retail

Property Code: 1508

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