16/4 Sparta Place,
Brunswick, VIC 3056

Shops & Retail • Offices

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Map of 16/4 Sparta Place

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Sold by Pennisi

Boutique property of approximately 34m2. Unique opportunity for long-term investors, with quality tenants already in place.

The Essentials:
- Shopfront with mezzanine
- Bathroom and rubbish amenities are available at the complex
- Kitchenette

The Extras:
- Split-system air conditioning
- Surrounded by successful retailers and eateries
- High-traffic location

The Village:
Situated in a sought-after, trendy Brunswick location, walking distance from Sydney Road.

Current rental:
$22,000 per annum plus GST and outgoings
Estimated outgoings, paid by the tenant $5,200 per year
Term: Five (5) Years
Further Terms: Two (2) further terms of Five (5) Years
Permitted Use: Commercial Retail
Commencement Date of lease - 6.05.2024

Pennisi Real Estate Essendon wishes you every success with your property hunt.

Brunswick, 3056 demographic data

The median household income for Brunswick is $2,096, 10% higher than Greater Melbourne's household income of $1,901. Brunswick has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 51% of property owners in Brunswick have a mortgage.

24,896

Population

$2,096 per week

Median household income

34 years

Median age

Owners

Most residents

Families

Most households

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