Property Details for 411-415 Smith St, Fitzroy
Last Listing description (May 2019)
Quite Simply There Is Nothing Better!!
A Flagship, Corner Property With Two Multinational Tenants, In An Exceptionally Renovated, Two Storey Stand Out Building Located On Melbourne s Finest Lifestyle Strip.
The Building Is Spectacular - A Remarkable Combination Of The Original Building With Modern Improvements With More Renovations Currently Underway. Both Floors Feature Impressive High Ceilings Creating A Highly Desired Open Air Retail/Office Experience. A Brand New, Entranceway To Upstairs, Featuring An All Glass & Metal Lift. Works To Create Wider, New Shop Fronts & Windows, Similar To Those Next Door Are Currently Underway. There Has Been No Expense Spared On This Building & The Quality It Provides Is Easy To Identify.
The Future Has Been Kept In Mind - While Both Tenants Are Exceptionally Happy, The Lease Term Has Been Kept In Line To Allow For Future Development/Owner Occupation Should This Be Required.
Without Doubt - You Will Not Find A Better Investment, Land Bank & Future Development Site Than This!!
411 - 421 Smith Street Is An Exceptional, Stand Out Corner Building With Multinational Tenants. The Majority Of The Ground Floor Is Leased By Kathmandu Pty Ltd, Who Have Been In Occupation For Over 10 Years. The Remaining Tenancy On The Ground Floor (Carryology) & The Entire First Floor Is Leased By Bellroy Operations Pty Ltd - A Rapidly Expanding, Creative Company That Continues To Go From Strength To Strength. They Recently Took Over The Remaining Half Of The First Floor & Will Renovate It To Create, An Entirely Open First Floor Office - In The Same Exceptional Standard Of Their Original Tenancy.
Land 790sqm*. Building 1,460sqm*.
For Sale By Negotiation.
Please Contact Agent For Further Details.
*Approx.
Property History for 411-415 Smith St, Fitzroy, VIC 3065
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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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