Commercial Freehold For Sale with Vacant Possession Iconic Freehold with Decades of Local Heritage

Quoted Price

$1,400,000

Offered for the first time in over 30 years, this long-established venue presents an exceptional opportunity to secure a high-exposure freehold in one of the inner-north’s most rapidly evolving retail and dining strips.

For more than three decades, this property has been home to a successful pizzeria, becoming a much-loved local landmark. Now, with the recent opening of Woolworths Metro next door and a wave of new residential developments throughout the precinct, the street is undergoing a genuine rejuvenation — bringing with it renewed energy, strong foot traffic, and a growing customer base.

The property itself offers enormous flexibility, featuring:

A welcoming open-plan dining area at the front of the shop

Two intimate rear dining rooms, a basic commercial kitchen, and WC facilities

Upstairs accommodation with one larger room, two smaller rooms, and ample storage

While ideally suited to a hospitality or food-related business, the layout and position lend themselves to a wide range of potential uses — from boutique retail to creative studios or professional offices.

This is an affordable entry point into one of Melbourne’s most desirable inner-city precincts — a rare chance to live and work from the same address in a location that continues to strengthen with every new development.

Inspect and explore the possibilities — opportunities like this seldom come along.