218 St Georges Road, Fitzroy North, VIC 3068 | Commercial for sale | OnTheHouse
 
FOR SALE
Sale Price Unavailable

218 St Georges Road
Fitzroy North VIC 3068

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 145m2
Land area: 372m2
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Blue Chip Investment

Fully leased city fringe shop and dwelling in the heart of Fitzroy North.
Securely leased with two separate leases in place to separate residential tenants and a retail tenant.
As from the 1st July 2025 the shop has been returning $66,150.00 pa plus GST plus outgoings
While the four-bedroom dwelling at the rear of property is currently returning $50,400.00 pa
This fantastic property is situated in a tightly held location opposite the hustle and bustle of Piedimontes's IGA Supermarket, an eclectic array cafe's and restaurants, the ambiance of North Fitzroy Library and the serenity of Edinburgh Gardens which are all a hop skip and jump away. While the Melbourne CBD is a is only a short 3 km stroll, bike ride or tram ride away.
The four-bedroom residence has been freshly painted and renovated with a new kitchen, bathroom and split system air conditioning. While the retail shop has been trading for a number of years with further options to extend their lease.
If you would like to secure this prime investment property returning over $116,550 pa register your immediate interest today.

Property Details for 218 St Georges Rd, Fitzroy North

Building Type
Commercial
Floor Size
145m2
Land Size
372m2
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About Fitzroy North 3068

The size of Fitzroy North is approximately 2.5 square kilometres. It has 16 parks covering nearly 16.2% of total area. The population of Fitzroy North in 2016 was 12339 people. By 2021 the population was 12781 showing a population growth of 3.6% in the area during that time. The predominant age group in Fitzroy North is 30-39 years. Households in Fitzroy North are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fitzroy North work in a professional occupation.In 2021, 47.50% of the homes in Fitzroy North were owner-occupied compared with 45.90% in 2016.

Fitzroy North has 7,955 properties. Over the last 5 years, Houses in Fitzroy North have seen a 9.12% increase in median value, while Units have seen a 13.56% increase. As at 30 November 2025:

  • The median value for Houses in Fitzroy North is $1,694,084 while the median value for Units is $737,256.
  • Houses have a median rent of $800 while Units have a median rent of $630.
There are currently 18 properties listed for sale, and 18 properties listed for rent in Fitzroy north on OnTheHouse. According to Cotality's data, 296 properties were sold in the past 12 months in Fitzroy north.

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