173-175 Gertrude StreetFitzroy VIC 3065
Property Details for 173-175 Gertrude St, Fitzroy
Last Listing description (October 2022)
Vinci Carbone & CRS Property are pleased to offer this outstanding freehold investment in a prime inner-city location. The propertys key attributes and preferred tenancy terms make it a very desirable investment that will be highly sought after.
The property comprises a two-level freehold building of retail space currently leased to 'About Space'. The property features a well fitted out showroom and retail space on the ground floor and Level 1 is used for office and storage space.
Key features:
Impressive two level building of 740sqm*
Leased to established tenant About Space until 2026 plus options until 2036
Returning $124,110 pa* plus outgoings
Over 370sqm of Commercial 1 and Neighbourhood Residential (rear portion) zoned land with rear ROW
9 metre* frontage to Gertrude Street
Located amongst high profile neighbours
The property benefits from a high amount of daily exposure from vehicle and pedestrian foot traffic whilst being extremely well serviced by public transport.
Fitzroy has become a highly sought-after location due to its many unique retail stores and lifestyle attracting many people wanting to live in Fitzroy.
*approx
Property History for 173-175 Gertrude St, Fitzroy, VIC 3065
- 16 Nov 2023Sold for $4,000,000
- 01 Mar 2022Listed for Sale Contact Agent
- 25 Apr 2009Listed for Rent - Price not available
Recent sales nearby
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0About Fitzroy 3065
The size of Fitzroy is approximately 1.4 square kilometres. There are 8 parks, covering nearly 2.7% of the 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 8,839 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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