Lagotto, 1 York Street, Fitzroy North, Vic 3068

Lagotto, 1 York Street, Fitzroy North 

Anchoring the acclaimed Nth FITZROY by Milieu, this high-profile freehold offers an exceptional opportunity to acquire a blue-chip hospitality investment in one of Melbourne’s most tightly held lifestyle precincts. 

Designed by Fieldwork architects with interiors by Flack Studio, the building reflects an unmistakable design pedigree. The tenancy—leased to a leading hospitality operator—features bold, European-inspired interiors including custom American Oak joinery with brass inlay, terrazzo flooring, and an unforgettable burgundy-lit dining room. Every inch of the 184sqm space has been curated for permanence, quality, and connection. 

The property is situated on a prominent corner with significant York Street exposure and benefits from both indoor and outdoor dining (60 internal and 35 external seats). With a full commercial kitchen, high-capacity exhaust, three-phase power, and a 3,000L grease trap, the asset is as functional as it is beautiful. 

Key Features: 

> Lagotto is a celebrated 1-hat chef restaurant, consistently ranked among Melbourne’s premier dining destinations 
> Secure, recently renewed 5-year lease delivering reliable income of $108,000 p.a.* 
> Generous total area of 184sqm (128sqm ground floor plus 56sqm lower ground) offering excellent space flexibility 
> Prime high-exposure corner location benefiting from significant foot traffic and strong connectivity to vibrant local amenities 
> Stylish venue designed by Fieldwork with interiors crafted by Flack Studio, enhancing tenant appeal and brand strength 
> Situated within a sought-after precinct, surrounded by an array of renowned dining and lifestyle attractions, ensuring sustained customer draw and investment growth potential 

Located just 3km from the Melbourne CBD and moments to Rathdowne Village, Nicholson Street, and Edinburgh Gardens—this is a rare opportunity to secure a premium hospitality investment in one of Melbourne’s most sought-after city-fringe locations. 

Contact the exclusive selling agents Nelson Alexander Commercial for further information. 

*approx.