344 - 348 Nicholson St, Fitzroy, VIC 3065

Development/Land | Retail | Hotel/Leisure

For Sale $5,000,000

  • Property ID: 448503
  • Floor Area: 362m²
  • Land Area: 483m²
  • Occupancy: Tenanted
Unmissable Opportunity in Melbourne's Inner-City Gem

Seize this rare chance to secure a prime corner development site in the heart of vibrant Fitzroy - one of Melbourne's most sought-after inner-city neighborhoods.

- Corner site in prime location
- Development Potential: Suitable for a 5-level hotel development (STCA), capitalizing on the area's high demand for accommodation.
- Laneway access at rear
- Investment Potential: Strong potential for high returns in a rapidly growing market.

Don't miss out on this exceptional opportunity to create a landmark development in one of Melbourne's most coveted locations.

Fitzroy Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $233 ---
Retail $7646 $397 5.19%
Offices $7792 $300 3.85%
This is the average advertised price, rent and yield for Fitzroy, VIC 3065*
* 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:

  • 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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