IRREPLACEABLE LAND RICH FREEHOLD IN WORLD'S "COOLEST" STREET

Teska Carson are delighted to present 305-311 Smith Street, Fitzroy for sale via Public Auction on Friday 22nd March at 12noon on site. This incredibly rare offering features the following attributes:  - Commanding landholding of 748.5sqm* with  frontage of 19.8m* and rear access via Gore Street.  - Located in the heart of the world famous Smith Street; one of Melbourne’s most in demand retail, showroom and hospitality precincts. - Comprising two stunning character filled showrooms with high truss ceilings, totalling 710sqm* of building area.  - Rare city fringe opportunity for significant value add investment, owner occupation or development (STCA). - 305-307 Smith Street: New 5 year lease with no options returning $85,000 pa net + GST. - 309-311 Smith Street: Vacant Possession. - Commercial 1 Zoning. - Favourable planning overlays providing scope for a substantial future mixed use development (STCA). For further information or to arrange an inspection contact the listed agents.