131 Smith Street, Fitzroy, Vic 3065

JLL has the exclusive privilege of offering for sale this brand new retail investment at the base of the recently completed project – ‘131 Smith Street’, a high-end, carbon neutral development that has set a new benchmark for residential living in Fitzroy.

+ Landmark retail tenancy of 501sqm GLAR
+ Leased to NASDAQ listed ‘Lululemon Athletica’* (NASDAQ:LULU), leading global activewear brand with market capitalisation in excess of $32billion
+ Brand new 7+5+5 year lease from November 2024
+ Current Net Rent: $400,000 annum with 4% fixed annual rental growth
+ Tenant pays ALL outgoings including land tax
+ Brand new fit out offers potential for depreciation benefits 
+ Includes 3 car spaces on title (only 1 assigned to lease)
+ Positioned on the ground floor of an newly completed project comprising 39 high-end apartments, selling in excess of $4.6m and designed by award winning architects ‘Freadman White’ and completed by renowned developer ‘Outline’
+ Prominent and high-profile position in the best section of Smith Street, Fitzroy, close to the corner of Gertrude Street
+ An unprecedented growth location on the cusp of the CBD, surrounded by hundreds of proposed/under construction apartments 

*Wholly owned subsidiary of Lululemon Athletica Inc.
*Approx.

Lululemon - 131 Smith Street, Fitzroy is For Sale by Public Auction on Thursday 12 December at 12:30pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive JLL selling agents

Jesse Radisich  
0402 085 702
jesse.radisich@jll.com  

Tim Carr
0415 767 915
tim.carr@jll.com  

Jarrod Herscu
0418 155 062
jarrod.herscu@jll.com  

MingXuan Li 李 名轩
0498 688 998
mingxuan.li@jll.com 

中文普通话咨询物业详情，请联系Mingxuan Li李名轩。 手机： 0498 688 998， 电子邮件： Mingxuan.Li@jll.com， 或微信ID: Mingxuanli777