House for sale
158 Gertrude Street,
4 1 1
$2,750,000 - $3,000,000
HISTORIC AND IMPRESSIVE 3 STOREY FREEHOLDNelson Alexander Commercial are delighted to offer for Public Auction this Historic, impressive and prominent Queen Anne revival style spacious six room residence and retail space.
History records show that 158 Gertrude Street, Fitzroy was constructed in 1887-1888 for a chemist.
The property boasts a number of original features including:-
* High ceilings
* Polished timber floors
* Ceiling cornices
* Open fire places
* Land area: 230m2 (approx)
* Building area: 250m2 (approx)
* Rear access
* Zoning: Commercial 1 and Neighbourhood Residential
* The property is currently leased to a long term tenant of 19 years
* Current rental is $85,000 pa gross
* Estimated rental is in the vicinity of $100,000
* Lease Expires 31/03/2018
The location is superb and in the heart of vibrant Gertrude Street, Fitzroy which is well known for its art galleries, cafes, bars, fashion and speciality shops. It is further enhanced by having a tramstop and pedestrian crossing at the front door of the property. 158 Gertrude Street, is less than one kilometer from the CBD and walking distance to the popular retail and lifestyle strips of Smith and Brunswick Streets.
There are very limited opportunities to purchase prime real estate in Gertrude Street which is deemed to be one of the most popular and keenly sought after retail strips in Melbourne.
THIS IS AN 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
Last updated: 05:13PM on Sep 23rd 2017