171 Sydney Road, Brunswick, VIC 3056

Retail | Development/Land | Offices

Sold

  • Property ID: 446581
  • Floor Area: 880m²
  • Land Area: 533m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 05/10/2024 880m2 533m2 Contact Agent
DUAL STREET FRONTED BRUNSWICK BONANZA

Vision Real Estate is delighted to offer this exceptional investment, ideally positioned in one of the busiest sections of Sydney Rd and within 5.3km* of Melbourne's CBD.

> SYDNEY RD & SAXON ST FRONTAGES
> NEW FIVE YEAR LEASE
> FIRST TIME OFFERED IN 30 YEARS

EOI Closing 28th August @ 1pm

Key Points:

*Strategic land site - 533 SQM*
*Substantial building over two levels- 880 SQM*
*New 5 year lease to health and wellness tenant.
*Returning $152,440 p/a* + gst as from December 2024
*Unbeatable combination of retail, office & warehouse
*Public transport & arterials nearby- Sydney Rd Tram & Jewell Train Station
*Surrounded by great mix of popular cafes, bars and speciality shops.
*Strong main road investment opportunity in one of Melbourne's most popular inner city destinations.
*Undercover parking via Saxon St plus rear roller door access


171 Sydney Rd Brunswick will suit the investor looking to invest in this land rich opportunity with the option to develop or occupy in the near future.

For further information contact Frank Romeo on 0405 703 470

*approx.

Brunswick Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6040 $299 4.95%
Offices $4299 $360 8.37%
Industrial $4741 $166 3.49%
This is the average advertised price, rent and yield for Brunswick, VIC 3056*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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