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Nelson Alexander Commercial - FITZROY

225 Melville Road Brunswick West, VIC 3055

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225 Melville Road,
Brunswick West, VIC 3055

Shops & Retail

Key property information

Land area

Floor area

Zoning

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Nelson Alexander Commercial - FITZROY
Peter Varellas
Kristian Lunardi

Nelson Alexander Commercial - FITZROY

187 Gertrude St
FITZROY, VIC 3065
Nelson Alexander Commercial - FITZROY
225 Melville Road
Brunswick West, VIC 3055

Map of 225 Melville Road

Directions

Highly Exposed Corner Investment Opportunity

  • Rental return approx. $49,000 pa
  • Flexible mixed income
  • Unbeatable corner exposure
Nelson Alexander Commercial are pleased to present 225 Melville Road Brunswick West for Sale via Public Auction on Wednesday 24th May at 1pm.

Anchored by a blue chip pharmacy trading in the immediate area for almost a decade and offering the flexibly of mixed use income via two secure tenancy’s.

Key features of this unique opportunity:

> Unbeatable corner exposure to Melville Road with 20m* of wrap around frontage to Melville Road and Bakers Parade

> Combined rental return of $49,000* pa with the ground floor anchored by a well-established and popular local pharmacy.

> Large oversized first floor one residence (separate access via Melville Road) boasts modern appliances, A/C and open floorplan.

> Located in a popular neighbourhood retail strip surrounded by a number of cafes, restaurants and professional services.

For all enquiries or to arrange a private inspection, please contact exclusive selling agents Nelson Alexander Commercial.

Brunswick West, 3055 demographic data

The median household income for Brunswick West is $1,797, 5% lower than Greater Melbourne's household income of $1,901. Brunswick West has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 52% of property owners in Brunswick West have a mortgage.

14,746
Population
$1,797 per week
Median household income
34 years
Median age
Owners
Most residents
Families
Most households

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