211 Gertrude StreetFitzroy VIC 3065
Property Details for 211 Gertrude St, Fitzroy
Last Listing description (July 2017)
The Days Of The Retail Shopping Strip Are Gone... Welcome To The Rise & Reign Of The Lifestyle & Food Precinct!!
Gertrude Street, Fitzroy Is The Best There Is, Showcasing A Who s Who Of Melbourne's Leading Food Operators. Wherever You Look, You'll See Destination National & Multinational Tenants, Surrounded By Brand New, Mixed Use Developments Supported By An Ever Increasing Demand For More & More Commercial Tenancies & Residential Apartments.
Amongst Them There Is No Better Restaurateur Than Andrew McConnell. His Operations Are Prolific & Revered...
Marion
Meatsmith
Supernormal
Luxembourg
Cumulus Inc. & Cumulus Up.
Builders Arms Hotel & Ricky & Pinky
The Latest Being 'Ricky & Pinky' - An Extensive Redesign & Complete Renovation Of The Iconic Builders Arms Hotel, Completed Late Last Year. The Quality On Offer Is Evident For All To See With Just A Simple Glance.
The Rent Is Undervalued - A By Product Of A Below Market Commencing Rent Established Prior To The Rise & Reign Of The Lifestyle & Food Movement & The Ongoing Fitzroy Gentrification. However, This Will Lead To Significant Rent & Asset Growth Potential In The Future.
This Is The Jewel In The Crown... The Trophy Property In The Trophy Location With The Trophy Tenant You Can Literally Buy Today & Forget About This Property As It Manages Itself While Appreciating More & More Over Time.
With All This In Mind, We Ask You What Else Could You Ask For??
211 Gertrude Street Is An Exceptional Land Bank, Investment & Add Value Opportunity On A Near Island Site With Three Street Frontages Brilliantly Located On The Iconic Gertrude Street Lifestyle Strip. Immaculately & Recently Renovated To The Highest Standard. Securely Leased To Melbourne's Leading Restaurateur Andrew McConnell With Significant Rental & Asset Growth Potential.
For Sale By Negotiation.
Property History for 211 Gertrude St, Fitzroy, VIC 3065
- 05 May 2017Sold for $5,740,000
- 12 Apr 2017Listed for Sale Please Contact Agent
- 22 Jun 2015Listed for Sale Please Contact Agent
Recent sales nearby
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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.
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