400 Nicholson Street, Fitzroy North, VIC 3068

Hotel/Leisure | Medical | Retail

Leased

  • Property ID: 412238
  • Floor Area: 145m²
  • Land Area: 235m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 01/08/2024 145m2 235m2 $58,000
BECOME THE NEW NORTHERN INSTITUTION

POINT OF INTEREST:
If there’s one thing that the north will never tire of: it’s authentic businesses in well-loved neighbourhoods. This is 145 sqm* of clever building space sitting on 235 sqm* of land, but the value here is in the 6 m* of prime frontage to Nicholson Street - undoubtedly northside’s busiest arterial. In its prior life it served as a renowned restaurant, but this space is suitable for retail pursuits too (STPA)

The main area features an expansive dining room (or showroom) with hardwood timber floors and exposed brick, plenty of room for a clever seating plan, and includes heating and cooling throughout the space. To add to the ambience, there’s a relaxed rear courtyard for covered outdoor dining with added access to St Georges Road South. Getting here is as simple as stepping off the 96 tram on Nicholson Street, however Alexandra Parade is also 240 m* from the site and boasts impeccable access by inner-city-fringe-design.

- 145 sqm* building area.
- 235 sqm* land area.
- 75 sqm* first floor office area.
- Neighbourhood Residential 1 zoning.
- Heating and cooling within the dining area.
- 240 m* from Alexandra Parade.
- 600 m* from Brunswick Street.
- 2.8 km* from Melbourne CBD.

POINT OF VIEW:
Situated in the centre of the northern culture quad Fitzroy, Fitzroy North, Carlton and Carlton North you have access to Melbourne’s hungriest clientele who relish in being first to try the new kid on the block.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediately
  • Car Spaces: N/A
  • Condition: Very Good
  • Air Conditioning: Yes within dinning room area
  • Floors: Hardwood timber floors, tiles and concrete
  • Lifts: N/A
  • Height: 2.8 Metres Approx
  • Age: Unknown
Outgoings
  • Water Rates: $1,100 per annum plus consumption
  • Council Rates: $2,100 per annum approximately
  • Owners Corp. / Insurance: TBA
  • Other Charges: Insurance Levy : $4,200 per annum | Essential Serv
Fitzroy North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $231 ---
Industrial --- $187 ---
Retail --- $308 ---
This is the average advertised price, rent and yield for Fitzroy North, VIC 3068*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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