The Days Of The Retail Shopping Strip Are Gone… Welcome To The Rise & Reign Of The Lifestyle & Food Precinct!!
Gertrude Street, Fitzroy Is The Best There Is, Showcasing A Who’s Who Of Melbourne’s Leading Food Operators. Wherever You Look, You’ll See Destination National & Multinational Tenants, Surrounded By Brand New, Mixed Use Developments… Supported By An Ever Increasing Demand For More & More Commercial Tenancies & Residential Apartments.
Amongst Them There Is No Better Restaurateur Than Andrew McConnell. His Operations Are Prolific & Revered…
• Cutler & Co.
• Marion
• Meatsmith
• Supernormal
• Luxembourg
• Cumulus Inc. & Cumulus Up.
• Builders Arms Hotel & Ricky & Pinky
The Latest Being ‘Ricky & Pinky’ – An Extensive Redesign & Complete Renovation Of The Iconic Builders Arms Hotel, Completed Late Last Year. The Quality On Offer Is Evident For All To See With Just A Simple Glance.
The Rent Is Undervalued – A By Product Of A Below Market Commencing Rent Established Prior To The Rise & Reign Of The Lifestyle & Food Movement & The Ongoing Fitzroy Gentrification. However, This Will Lead To Significant Rent & Asset Growth Potential In The Future.
This Is The Jewel In The Crown… The Trophy Property… In The Trophy Location… With The Trophy Tenant… You Can Literally Buy Today & Forget About This Property As It ‘Manages Itself’ While Appreciating More & More Over Time.
With All This In Mind, We Ask You… What Else Could You Ask For??
211 Gertrude Street Is An Exceptional Land Bank, Investment & Add Value Opportunity On A Near Island Site With Three Street Frontages Brilliantly Located On The Iconic Gertrude Street Lifestyle Strip. Immaculately & Recently Renovated To The Highest Standard. Securely Leased To Melbourne’s Leading Restaurateur Andrew McConnell With Significant Rental & Asset Growth Potential.
For Sale By Negotiation.
Please Contact Agent For Further Details.
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