347-349 Smith Street, Fitzroy, VIC 3065 | Property Value & History | OnTheHouse
OFF MARKET

347-349 Smith Street
Fitzroy VIC 3065

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 195m2
Land area: 217m2
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Property Details for 347-349 Smith St, Fitzroy

Building Type
Commercial
Floor Size
195m2
Land Size
217m2
Local Government
Yarra
Lot/Plan
1/TP383458

Last Listing description (October 2023)

***SOLD***

Gross Waddell ICR and Marshall White are delighted to offer to the market via on-site Auction this unique standalone freehold, located within the trendy city fringe suburb of Fitzroy and prominently positioned on one of Melbourne's best retail / hospitality strips, which was recently named# the "Coolest Street in the World" by global magazine group Time Out.

Property highlights include:

Fully fitted and furnished hospitality venue with 3am liquor licence^
Building and landholding of circa 218sqm* + rear R.O.W and access
Period detail throughout including timber vaulted ceiling with clerestory windows, exposed beams, OFP and more
Flexible opportunity occupy, invest or develop (STCA)
Commercial 1 zoning
Offered with vacant possession

For Sale via Public Auction on Thursday 5th October 2023 at 12pm on-site.

Note: No GST Payable

For further information or to organise a inspection please contact Andrew Greenway or Alex Ham from Gross Waddell ICR or Doug McLauchlan from Marshall White - 0418 377 718.

*Approx
^Except Sunday, Good Friday and ANZAC Day
#2021

Property History for 347-349 Smith St, Fitzroy, VIC 3065

A timeline of how this property has performed in the market
Last Sold
$2,200,000
05 Oct 2023
Listed for Rent
$1.53k/w
15 Mar 2013
  • 05 Oct 2023
    Sold for $2,200,000
  • 01 Sep 2023
    Listed for Sale Contact Agent
  • 04 Mar 2021
    Transferred
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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 28 properties listed for sale, and 11 properties listed for rent in Fitzroy on OnTheHouse. According to Cotality's data, 327 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.