The Jewel in the Crown of Fitzroy's Food Scene. Tenanted by revered operator Andrew McConnell. 211 Gertrude Street Fitzroy TCI - Builders Arms Hotel 539m².
Sale by Negotiation
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 & 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 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?
463 Bridge Road, Richmond 3121
03 9426 8000
© 2023 TCI Property – All Rights Reserved
all figures and outlines are approximates only