Retail

227 Napier Street, Fitzroy

227 Napier Street Fitzroy, VIC Australia 3065
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Building Area Gross
Occupancy 100.0 %

Property description

The JLL Melbourne Capital Markets team is pleased to offer for sale by Public Auction this exceptional inner-city opportunity at 227 Napier Street, Fitzroy.


Key details of the property include:

- Rare Fitzroy landholding of 394sqm*

- Valuable frontages to Napier Street and wide rear laneway totalling 26 metres*

- Favourable Mixed-Use Zoning with surrounding development precedent of up to 7-levels

- Multiple frontages and access points improve construction efficiency and access to light, air and views for future end product

- Opportunity to refurbish or reposition the existing showroom/warehouse to suit future owner occupiers and astute value-add investors

- An in-demand residential location being Melbourne’s #1 most liveable suburb

- Located within the best part of Fitzroy, with all surrounding projects in extreme demand

- A world class lifestyle precinct underwritten by an almost perfect walkability score of 96%, being located between Smith and Brunswick Streets

- An outstanding opportunity located just 1km* from the Melbourne CBD

 

PROUDLY SOLD BY JLL

 

For further information on this outstanding development and investment opportunity, please contact any member of the JLL Melbourne team.

 

Nick Peden | 0402 011 266

Josh Rutman | 0411 27 37 46

Tim Carr | 0415 767 915

MingXuan Li 李名轩 | 0498 688 998

Investment highlights

·        Incredible Central Fitzroy Location

·        Favourable Development Potential

·        Melbourne’s #1 Most Liveable Suburb

Last Updated Date: 12 Aug 2022

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Last Updated Date: 12 Aug 2022

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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