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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

Key property information

Land area

Floor area

Property extent

Tenure type

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JLL - Melbourne
MingXuan Li 李名轩
Jesse Radisich

JLL - Melbourne

Level 33, 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

  • 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.
 
Jesse Radisich | 0402 085 7...
Mingxuan Li  李名 轩  | 0498 688 9...

*Approximate

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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