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Gross Waddell ICR Pty Ltd - Melbourne

270-272 & 274 Victoria Street Brunswick, VIC 3056

270-272 & 274 Victoria Street,
Brunswick, VIC 3056

Warehouse, Factory & Industrial

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Sale - Expression of Interest closing Wed 22 May

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Gross Waddell ICR Pty Ltd - Melbourne
Raff De Luise
Julian Materia

Gross Waddell ICR Pty Ltd - Melbourne

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR Pty Ltd - Melbourne
270-272 & 274 Victoria Street
Brunswick, VIC 3056

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2 Warehouses, 2 Titles, Dual Access

  • Sold individually or in one line
  • Mixed use/development potential
  • 2 street frontage
***BUY ONE OR BUT BOTH***

Gross Waddell ICR is pleased to present 270-272 & 274 Victoria Street, Brunswick For Sale via Expressions of Interest. First Time Offered in 66 years!

Two strategically located warehouses providing a range of options for savvy investors, owner occupiers and developers (STCA).

270-272 Victoria Street offers an opportunity to secure an income producing asset while 274 Victoria Street is offered with vacant possession providing the ability to occupy. The two properties present a rare opportunity to acquire a versatile commercial asset in a highly sought-after location. Whether you're looking to occupy, invest, or explore the development potential (STCA), this property ticks all the boxes.

Key Features:
• Total Building Area: 570 sqm*
(270-272 Victoria St - 300 sqm* & 274 Victoria St - 270 sqm*)
• Total Land Area: 724 sqm*
• Mixed Use Zone (MUZ)
• Occupy, Invest, or Develop (STCA)
• 2 Properties, 2 Titles
• Proximity to a brand-new council Park at 14 Frith Street completion due June 2024**
• Prime location surrounded by popular restaurants, cafés, and bars on Sydney Rd & Lygon St
• Convenient rear roller door access via Howarth Street

2 titles, 2 properties:

• 274 Victoria Street – Vacant Possession
• 270-272 Victoria Street – Leased
• Leased Property Details:
• Rental Income: $58,399* p.a. +GST
• Term: Three (3) Years
• Commencement: 9th July 2024
• Nil further options
• 4% annual increase

Proximity to major amenities:

• 200m* from Sydney Road
• 500m* from Brunswick train station
• 700m* from Lygon Street
• 900m* from Anstey train station
• 1km* to Barkly Square
• Easy access to trams on Sydney Road & Lygon Street
• Only 4.5kms* to Melbourne CBD

*approx
** Source Merri-bek City Council Website

For Sale via Expressions of Interest Closing Wednesday 22nd May at 3pm.

To arrange a private inspection please contact one of the exclusive sales agents at Gross Waddell ICR today.

Property ID: 504568448Last Updated: 24 Apr 2024

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