This well-presented, purpose-built food premises features a high-quality, modern fit-out that is both compact and fully functional. The property is offered fully equipped, providing an excellent opportunity for an incoming operator to commence operations with minimal setup in a central inner-city location.Key features include: 3-phase power Commercial cooktops and extraction system Internal drainage Refrigerated containers and freezer facilities Storage racks and preparation benches Loading bay with roller-door access Built-in offices and control room Available for immediate occupation on a Transfer of Lease, details belowProperty Details: Building area: approximately 260 sqm Lease Term: Current Lease to 31 March 2028 Current Rent: $113,850 pa + Outgoing + GST Rent Review: Annual Fixed 3.5%
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 8,841 properties. Over the last 5 years, Houses in Fitzroy have seen a 0.76% increase in median value, while Units have seen a 10.32% increase. As at 31 May 2026:
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