Shop Plus 3 Bed Dwelling
Significant Rental Upside
Development Upside (STCA)
This prime freehold in the heart of Sydney Road Brunswick. Located on the biggest retail strip in the southern hemisphere and set amongst a number of established retailers, Sydney Road continues to cement itself as one of the fastest growing retail strips in Melbourne. Whether you are looking to invest or occupy, this is the right property for you.
Key Property Features:
- Flexible Commercial 1 Zoning (C1Z)
- Land Area 285sqm*
- Building Area 220sqm*
- Rear Access via Little Breese St with On-Site Parking for 3 Cars
- Flexible Overholding Lease with Immediate Income of $45,000* per annum
- Ground Floor Retail Leased to 'Rezah Afghan Kebab'
- Directly Opposite to IGA Supermarket
- An abundance of nearby complete and proposed residential/mixed use developments providing additional future population to the immediate vicinity
- Brunswick population is estimated to grow by 19.6% to 36,794 residents by 2031^
- Easy access to the CBD via tram (45m*) and Anstey Train Station (500m*)
Disclaimer:
MESSAGE TO BUYERS ?
ALL properties are advertised at GENUINE PRICES. Please understand that there is often more than one buyer interested in the same property. When that happens, all buyers will be given EQUAL OPPORTUNITY TO MAKE THEIR BEST OFFERS, VIA A SEALED BID.