Circa 6% Yield - Prime Collingwood Corner

Fitzroys is pleased to present shops 1-3, 397 Smith Street Fitzroy For Sale

Key attributes include:

•  Outstanding property leased to global retailer trading as “Converse”
•  Returning $148,000 per annum
•  Long term tenant that has been in occupation for over 20 years
•  Ideally situated on the corner of Smith and Kerr Streets with high exposure frontage of over 39.8m*
•  Expansive single storey floor plate of 365sqm* - effectively 3 combined shops
•  Comprising an exceptionally presented open plan retail showroom with polished concrete flooring, rear storage, office, staff amenities, and heating and cooling throughout retail showroom
•  Rear access via Kerr Street
•  Dynamic precinct surrounded by extensive new development and rejuvenation and a wide variety of popular cafes, restaurants bars and retailers
•  Only 2kms* from Melbourne's CBD

For further information please contact Fitzroys selling agents Ervin Niyaz or Shane Mills.

*approx.

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