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JLL - Melbourne

16 Michael Street Brunswick, VIC 3056

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16 Michael Street,
Brunswick, VIC 3056

Shops & Retail • Other

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JLL - Melbourne
Nick Peden
MingXuan Li
Jesse Radisich

JLL - Melbourne

Level 40, 101 Collins Street
MELBOURNE, VIC 3000
JLL - Melbourne
16 Michael Street
Brunswick, VIC 3056

Map of 16 Michael Street

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PROUDLY SOLD BY JLL Melbourne Commercial Sales

  • Dual fronted 905sqm landholding
  • Renewed 5 + 5 year lease
  • Longstanding tenant
PROUDLY SOLD BY JLL

The JLL Melbourne are pleased to have the exclusive privilege of offering for sale an exceptional freehold opportunity located at 16 Michael Street, Brunswick.
 
Key details of the opportunity include:
 
·          Renowned hospitality venue and longstanding tenant - ‘Howler Bar’
·          Prime central Brunswick landholding of 905sqm* 
·          Renewed new 5 + 5 year lease
·          Current Net Rental of $104,000pa* + GST and Outgoings
·          Prominent frontage to Michael Street plus second frontage to rear laneway 
·          Flexible Mixed Use Zoning
·          Allowable development height of at least 25 metres (8 levels*)
·          Prime Brunswick location just moments from the popular Sydney Road retail strip boasting a myriad of restaurants, cafes, shops and complementary services and facilities.
·          In-demand city-fringe location only 4km from the CBD, easily accessible via trams, major road arterials on Sydney Road and nearby Brunswick and Jewell Train Stations.
·          Remarkable investment opportunity offering incredible upside
 
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
 
Nick Peden | 0402 011 2...
Jesse Radisich | 0402 085 7...
Mingxuan Li  李名 轩  | 0498 688 9...

*Approximate

·          Dual fronted 905sqm landholding
·          Renewed 5 + 5 year lease
·          Longstanding tenant

Property ID: 503868842Last Updated: 8 Oct 2021

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