314 Queens Parade, Fitzroy North

314

QUEENS PARADE FITZROY NORTH

for sale by Public Auction on Wednesday 29th June 2022 at 12 noon on-site

314

QUEENS PARADE FITZROY NORTH

C O N T E N TS 4

INTRODUCTION

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EXECUTIVE SUMMARY

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LOCATION

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PROPERTY PARTICULARS

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BUILDING PARTICULARS

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FLOOR PLAN

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TENANCY DETAILS

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SALE METHOD

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INTRO DUC TION

Aston Commercial are pleased to offer 314 Queens Parade, Fitzroy North for sale

by Public Auction on Wednesday 29th June 2022 at 12 noon on-site.

This Victorian-Style gem is a hearty dual retail and residential property in the centre of the boutique shopping strip of Queens Parade, Fitzroy North. Surrounded by restaurants, bars and shops of all descript.

Currently the property is leased to Cellini Jewellery who occupy the whole building on a month-to-month overholding basis. Having occupied the building for over 30 years and expressing no desire to leave, the property can be purchased for both investment or occupation purposes.

Whatever your property plans are this tightly held city-fringe property offers a wide variety of buyers a golden opportunity to grab a slice of Fitzroy North.

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A ROYAL ASSET ON QUEENS PARADE.

EX E C U T IVE SUMMAR Y

314

QUEENS PARADE FITZROY NORTH

A ROYAL ASSET ON QUEENS PARADE. Situated amongst the tightly held shopping strip in Queens Parade, Fitzroy North this sparkling property consists of a ground floor retail and first floor residence being leased to Cellini Jewellery for $4,250 per calendar month on a month-to-month overholding basis.

L E A S E D E TA I L S

LAND AREA

Current income of $4,250 per month on a month-to-month overholding basis

197 sqm*

BUILDING AREA

ZONING

190 sqm*

Commercial 1 – C1Z

METHOD OF SALE

TERMS OF SALE

For Sale by Public Auction on Wednesday 29th June 2022 at 12 noon on-site

10% deposit with the balance payable in 30/60/90 days *approx.

EXCLUSIVE SELLING AGENTS

6

Sebastian Origlia

Liam Rafferty

Fred Nucara

Agency Executive 0428 056 294 sebastian@astoncommercial.com.au

Associate Director 0421 886 655 liam@astoncommercial.com.au

Executive Director 0418 567 560 fred@astoncommercial.com.au

LO CATION Located in the trendy city-fringe suburb of Fitzroy North amongst the charismatic shopping strip of Queens Parade, the property boasts proximity to cafes, bars, restaurants, and shops of all descript.

Some local staples include the famous Clifton Hill McDonalds, Cavallini Café and the Clifton Hill Brew House and staple franchises such as Woolworths Metro, Banks and more.

The property extends access to amenity such as parks, recreation centres, schools and public transport making for a surrounding of all one could need.

Situated a short 4.5km from the CBD and 1km from the Eastern Freeway the location offers easy access to northern, eastern and western parts of greater Melbourne.

• 600m to Clifton Hill train station • 450m to Collingwood Leisure Centre • 500m to Edinburgh Gardens • 250m to Australia Post • 100m to Woolworths Metro • 300m to Bendigo Bank • 600m to Fitzroy High School • 900m to Fitzroy North Primary School

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Some nearby businesses and infrastructure include:

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Woolworths Metro Bakers Delight Bendigo Bank Birkenstock

Fitzroy High School Fitzroy North Primary School Clifton Hill Primary School

Clifton Hill Train Station Rushall Train Station Tram Route 86 Bus Routes 504, 546, 246, 250, 251

Clifton Hill Brew House Two:Bob Cavallini Rubber Duck Café

Edinburgh Gardens Collingwood Leisure Centre Darling Gardens Merri Creek Trail 13

P R O PE RTY PA RTIC ULAR S TITLE PARTICULARS Volume: 09455 Lot 1 on Title Plan 134111F

ZONING Folio: 103

Under the City of Yarra Planning Scheme the land is zoned Commercial 1- C1Z *approx.

LAND DIMENSIONS AND AREA Queens Parade Frontage 5.68 metres*

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Laneway Frontage

5.64 metres*

Depth

33.83 metres*

Total Land Area

197 square metres*

BU I L D I N G PA RTIC U LAR S Beautifully presented, this Victorian Terrace built in 1884 offers that classic two-storey lengthy build. Built to be suitable for work, live or play forming part of that inner-city cozy feel.

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• Upstairs living area • Dual bathrooms • Rear laneway access • Dual level residence and retail shop • 2 bedrooms • Kitchen facilities across both levels • Rear courtyard • Front retail area + rear office spaces

F L O OR PLA N

314

QUEENS PARADE FITZROY NORTH

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T E N A NC Y D ETA ILS

TENANCY PARTICULARS The property is being sold with monthly tenancy.

Tenant Business Name

Cellini Workshop

Current Rent

$4,250 per month

Lease Term

Month to month

Options

Nil

Rent Reviews

Fixed 4% annual increases

Outgoings

Paid by tenant

ABOUT THE TENANT Cellini Workshop offers a distinctive, eclectic and exclusive range of sterling silver and quality gemstone jewellery with pieces hand selected from around the world as well as jewellery designed and made in our workshop. www.celliniworkshop.com.au

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S A L E M E TH OD

314

QUEENS PARADE FITZROY NORTH

METHOD OF SALE

TERMS OF SALE

For Sale by Public Auction on Wednesday 29th June 2022 at 12 noon on-site

10% deposit with the balance payable in 30/60/90 days

INSPECTIONS

CONTRACT OF SALE & V E N D O R S S TAT E M E N T

Strictly by appointment with the exclusive selling agents

Available upon request

EXCLUSIVE SELLING AGENTS

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Sebastian Origlia

Liam Rafferty

Fred Nucara

Agency Executive 0428 056 294 sebastian@astoncommercial.com.au

Associate Director 0421 886 655 liam@astoncommercial.com.au

Executive Director 0418 567 560 fred@astoncommercial.com.au

DISCLAIMER “Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom. *Approximate