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233-235 Gertrude Street 1,410 SF Retail Condo Unit in Fitzroy, VIC 3065
Investment Highlights
- The asset occupies a prominent corner location on Gertrude Street close to Smith Street.
- The property lies within a Commercial 1 Zone in a mixed-use inner-city district.
- The residential level has a separate entry and features a north-facing balcony.
Executive Summary
The property at 235 Gertrude Street is a two-level building situated on a corner site in Fitzroy, Victoria. It incorporates a ground floor retail area and an upper-level residential accommodation, each accessible by separate entry points. The residential space includes two bedrooms and a balcony oriented to the north, providing natural light to the upper level. The surrounding area is characterized by mixed-use development featuring retail, dining, and residential uses, with major streets and amenities nearby. The location is supported by established transport infrastructure and local services linking the property to wider metropolitan areas.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
It consists of a two-level building occupying a corner position on Gertrude Street in Fitzroy. The ground level is designated for retail use, while the upper level functions as a residential dwelling. Each component has its own access, with the residence accessible via a separate private entry.
Sale Notes
The opportunity involves the acquisition of a freehold asset located at 235 Gertrude Street, Fitzroy. The property comprises a ground floor retail tenancy and a two-bedroom residential unit above, positioned on a prominent street corner within a highly active urban locality. The retail tenancy is leased under a long-term agreement, while the dwelling is vacant, enabling future occupation or leasing flexibility. The site is in a Commercial 1 zoning that supports a range of uses and provides potential for additional revenue sources subject to approval. The location is within walking distance of Smith Street, surrounded by established retail and hospitality operators, and well connected to public transport and major arterials.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 235 | 1,410 SF | Retail | Upon Request | - |
Unit 235
| Unit Size |
| 1,410 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 235
| Unit Size | 1,410 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Description | |
| It consists of a two-level building occupying a corner position on Gertrude Street in Fitzroy. The ground level is designated for retail use, while the upper level functions as a residential dwelling. Each component has its own access, with the residence accessible via a separate private entry.</li></ul> | |
| Sale Notes | |
| The opportunity involves the acquisition of a freehold asset located at 235 Gertrude Street, Fitzroy. The property comprises a ground floor retail tenancy and a two-bedroom residential unit above, positioned on a prominent street corner within a highly active urban locality. The retail tenancy is leased under a long-term agreement, while the dwelling is vacant, enabling future occupation or leasing flexibility. The site is in a Commercial 1 zoning that supports a range of uses and provides potential for additional revenue sources subject to approval. The location is within walking distance of Smith Street, surrounded by established retail and hospitality operators, and well connected to public transport and major arterials.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,820 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,410 SF |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.04 AC |
| Building Class | C |
| Total Building Size | 2,820 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 1,410 SF |
| Lot Size | 0.04 AC |
Amenities
- 24 Hour Access
- Signage
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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233-235 Gertrude Street
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