1-9 Gertrude Street, Fitzroy, VIC 3065 | Property Value & History | OnTheHouse
OFF MARKET

1-9 Gertrude Street
Fitzroy VIC 3065

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 65m2
Land area: 712m2
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Property Details for 1-9 Gertrude St, Fitzroy

Building Type
Commercial
Floor Size
65m2
Land Size
712m2
Local Government
Yarra
Lot/Plan
1/TP692831

Last Listing description (November 2023)

JLL Development Site Services has the exclusive privilege of offering for sale No.1 Gertrude Street, Fitzroy a unique opportunity to secure a permit approved corner landholding in Melbourne's most revered inner urban precincts, at the foot of Carlton Gardens and the cusp of the Melbourne CBD.

Key details of the opportunity include:

+ An exquisite triple-fronted landholding situated at the premium end of Melbourne's most desirable street

+ Offered with planning approval for an ultra-high-end boutique development, comprising 3,349sqm* above ground GFA + 150 sqm* adaptable below ground GFA

+ 2-minute walk to the substantial amenity associated with the leafy Carlton Gardens - fountains, ornamental lakes, mature trees, flora, children's playground and tennis facilities

+ Breathtaking panoramic views from level one over Carlton Gardens, the Royal Exhibition Building and the Melbourne CBD

+ Prominent frontage to Gertrude Street of 30 metres* plus wide laneway access to both the side and rear of the site

+ Flexible Commercial 1 Zoning allowing for a range of future uses including residential, commercial and luxury boutique hotel (STPA)

+ An enviable position at the top end of Melbourne's world-renowned Gertrude Street thoroughfare, boasting some of the city's finest retail stores, galleries, restaurants and cafs

+ Serviced by all forms of private and public transportation including tramways, underground rail, bicycle routes

+ Fitzroy's finest location with an almost perfect walk score of 97% with direct access by foot to Melbourne CBD's famed East End, theatre district, sporting attractions and luxury shopping

+ Surrounded by some of the city's most successful residential, commercial and hospitality projects which have set new value benchmarks for Melbourne

+ Highly functional existing two-level building with short term rental income and on-site parking providing occupation or investment scope, the ideal display suite location with extraordinary views

*approx.

Gertrude Street is Melbourne's most distinguished inner urban location providing the ideal setting for a discerning purchaser to write the precinct's next chapter.

Josh Rutman | 0411 27 37 46
Jesse Radisich | 0402 085 702
MingXuan Li | 0498 688 998

- Approved Permit for Luxury Project
- Expansive CBD/Carlton Gardens Views
- Exclusive Position Top End of Gertrude Street

Property History for 1-9 Gertrude St, Fitzroy, VIC 3065

A timeline of how this property has performed in the market
Last Sold
$10,522,000
22 Nov 2023
  • 22 Nov 2023
    Sold for $10,522,000
  • 22 Sep 2023
    Listed for Sale Contact the JLL Melbourne Agents
  • 22 Nov 2019
    Sold for $8,910,000
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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 2016 was 10445 people. By 2021 the population was 10431 showing a population decline of 0.1% in the area during that time. The predominant age group in Fitzroy is 30-39 years. Households in Fitzroy are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fitzroy work in a professional occupation.In 2021, 38.10% of the homes in Fitzroy were owner-occupied compared with 34.50% in 2016.

Fitzroy has 8,867 properties. Over the last 5 years, Houses in Fitzroy have seen a 10.96% increase in median value, while Units have seen a 16.22% increase. As at 31 March 2026:

  • The median value for Houses in Fitzroy is $1,697,148 while the median value for Units is $813,614.
  • Houses have a median rent of $985 while Units have a median rent of $650.
There are currently 25 properties listed for sale, and 11 properties listed for rent in Fitzroy on OnTheHouse. According to Cotality's data, 331 properties were sold in the past 12 months in Fitzroy.

Suburb Insights for Fitzroy 3065

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.