Price Guide:
Property Highlights:
• Established tenant in multiple locations
• Rental - $82,000 pa +GST
• Lease Term – Five (5) year term with further option
• Building Area: 198 sqm*
• Annual increases of 3.5%
• Corner tenancy with great exposure
Aston Commercial are pleased to offer Shop 2, 182 Johnston Street, Fitzroy to the market via Private Sale.
This expansive corner tenancy is nestled beneath ‘The Rochester’ apartments, a brand-new boutique development comprising of 24 apartments. This prime corner residence is leased to the wildly popular indoor plant supplier, Botanica Collective. This is the perfect long-term holding investment with the security of a new 5-year lease with fixed annual increases.
Located in the trendy Fitzroy district, this gem is tucked away between the Brunswick and Smith Street retail precincts and perfectly positioned in one of Melbourne’s most rising and fashionable city fringe suburbs. This district will transform over the next 5 years with a number of new mixed-use projects to be completed, adding hundreds of new local residents.
Please contact Liam Rafferty or Jeremy Gruzewski at Aston Commercial to discuss further or arrange your private inspection.
*approx.
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