218 St Georges Road, Fitzroy North

• 2 car spaces
• Approx 372 Square metres

Blue Chip Investment

Fully leased city fringe shop and dwelling in the heart of Fitzroy North.

Securely leased with two separate leases in place to separate residential tenants and a retail tenant.
As from the 1st July 2025 the shop will be returning $66,150.00 pa plus GST plus outgoings
While the four-bedroom dwelling at the rear of property is currently returning $50,400.00 pa

This fantastic property is situated in a tightly held location opposite the hustle and bustle of Piedimontes's IGA Supermarket, an eclectic array cafe's and restaurants, the ambiance of North Fitzroy Library and the serenity of Edinburgh Gardens which are all a hop skip and jump away. While the Melbourne CBD is a is only a short 3 km stroll, bike ride or tram ride away.

The four-bedroom residence has been freshly painted and renovated with a new kitchen, bathroom and split system air conditioning. While the retail shop has been trading for a number of years with further options to extend their lease.

If you would like to secure this prime investment property returning over $116,550 pa register your immediate interest today.

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