479 Brunswick St 1,367 SF 100% Leased Retail Building Fitzroy North, VIC 3068 $1,034,411 ($756.69/SF) 4% Cap Rate

Set behind an immaculate heritage façade, this unique shop and dwelling property presents a rare opportunity to secure a tightly held asset in one of Melbourne’s most sought-after inner-north locations. Positioned along the iconic Brunswick Street corridor, the property offers exceptional exposure, character, and long-term flexibility.
The semi-detached shopfront is complemented by residential accommodation to the rear, creating a versatile mixed-use holding with strong underlying appeal. The configuration provides multiple future options, including refurbishment, reconfiguration, or long-term investment, subject to relevant approvals.
A key advantage of the property is its rear laneway access via Isabella Place, allowing for convenient access and off-street parking potential, further enhancing usability and redevelopment flexibility. The heritage character, combined with practical access and layout, underpins the asset’s enduring value.
Superbly located within walking distance of Brunswick Street’s retail and dining precinct, public transport, and the open spaces of Edinburgh Gardens, this is a rare chance to acquire a character-rich mixed-use property in one of the inner-north’s most tightly held and high-demand precincts.