1/166 Gertrude StreetFitzroy VIC 3065
Property Details for 1/166 Gertrude St, Fitzroy
Last Listing description (July 2021)
Stonebridge Property Group are pleased to present for sale Shop 1, 166 Gertrude Street, Fitzroy.
- Recently renewed 5-year net lease to prominent hospitality operators who have experience at some of Melbourne's most well-known venues - Attica, The Press Club, Vue de Monde & St Ali
- Calre Coffee & Gaea Dining is a strategic 2-in-1 tenant that covers morning and evening trade through a caf/ restaurant dual business strategy Calre Coffee also runs an online platform offering take away food and delicatessen produce
- Currently providing annual income of $97,350* + GST + Outgoings with vendor favoured fixed 4% rental increases
- Prime 111sqm* premises with on-title car park, rear access and common property amenity (bathroom facilities), ensuring no retail space is wasted and customers are not disturbed during trading hours
- Located on the affluent Gertrude Street, Fitzroy retail strip just 700m* from the CBD and extremely well connected by public transport (tram) providing direct linkage to the CBD in under 7 minutes
- High foot traffic position benefiting from direct access to massive amounts of surrounding amenity, notably the Melbourne medical precinct that includes St Vincent's Hospital, St Vincent's Institute of Medical Research, Centre for Eye Research Australia, The Royal Victorian Eye & Ear Hospital and The Bionics Institute
- Surrounded by retail & hospitality excellence including Cutler & Co., Marion, Anada, Charcoal Lane, Archies All Day, Little Salon Messer & many more
*Approx.
Shop 1, 166 Gertrude Street, Fitzroy has SOLD. For more details on the sale, please contact the exclusive selling agents Stonebridge Property Group.
Nic Hage
0448 782 594
Rorey James
0439 400 081
Kevin Tong
0422 848 818
Property Code: 245
Property History for 1/166 Gertrude St, Fitzroy, VIC 3065
- 21 May 2021Sold for $1,710,000
- 09 Apr 2021Listed for Sale Contact Agent
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0About 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 8,865 properties. Over the last 5 years, Houses in Fitzroy have seen a 3.05% increase in median value, while Units have seen a 15.39% increase. As at 30 April 2026:
- The median value for Houses in Fitzroy is $1,639,295 while the median value for Units is $817,629.
- Houses have a median rent of $985 while Units have a median rent of $650.
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