Fitzroys and Teska Carson as agents in conjunction are delighted to offer for sale a flexible and unique freehold opportunity just 70 metres* from the popular Lygon Street retail precinct located in the rapidly developing and highly desirable inner-city suburb of Brunswick.
This site offers Investors and Developers an excellent opportunity to acquire a generational property with the flexibility to continue with the current tenancy profile or further redevelop the site (STCA).
The key attributes of this opportunity include:
Site Area: 250sqm* with an extensive frontage to Evans StreetVersatile building of 421sqm* with rear road accessShort term lease with ability to activate development clause Current Rent: $59,488 pa plus outgoings and GSTZoned: Mixed UseClose to a plethora of multiple level mixed used developments along Lygon StreetBenefiting from excellent transport options and attractive nearby amenities Rapidly growing residential population with many apartment projects underway and in planning stage
103 – 105 Evans Street Brunswick – Adjoining property also available for purchase. Site Area: 752sqm with rear road access The acquisition of both properties will provide the purchaser with a new total site area of 1,002sqm allowing for a much larger scale development (STCA) and a substantial frontage to Evans Street of 36.57metres*
The above properties are available for sale by Expression of Interest Closing Wednesday 25th September at 3pm.
*Approx.