R1/243-245 Queens Parade, Fitzroy North

for sale

THE NEXT JEWEL OF QUEENS PARADE

Aston are pleased to offer R1/243-245 Queens Parade, Fitzroy North by Deadline Private Sale closing Friday 18 September at 3pm.

Some commercial spaces need a marketing campaign to find customers. This one already has them: 176 apartments stacked above and beside it, and a 123-bed aged care residence and medical centre next door, feeding foot traffic every day. This is not a space hoping for passing trade. It is a space built into demand.

Businesses built to thrive here (STCA):

  • Pharmacy
  • Café
  • Laundromat
  • Allied health providers
  • Boutique retail
  • Office

The features

  • Brand-new ground floor commercial space
  • Cold shell offering complete fit-out flexibility
  • Huge depreciation opportunity
  • Mixed Use Zone (MUZ)
  • Prominent Queens Parade position
  • Excellent public transport connectivity
  • Ideal for owner-occupiers or investors

This property presents an accessible opportunity for owner-occupiers looking to secure their own premises through an SMSF.

Investors benefit from an estimated rental income in the range of $35,000-$40,000 per annum* once leased and fitted appropriately.

Listing Highlights

  • Versatile Commercial Space of 90m²*
  • 176 Apartments Above and Next Door
  • Entry-level Price Point

Property Details


Asset Type
Offices

Building Area
90 m2*

Price
$500,000 - $550,000