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Savills - Melbourne

462-464 Sydney Road Brunswick, VIC 3056

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462-464 Sydney Road,
Brunswick, VIC 3056

Shops & Retail • Development Sites & Land

Key property information

Land area

Floor area

Property extent

Tenure type

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Savills - Melbourne
Benson Zhou
Julian Heatherich

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
462-464 Sydney Road
Brunswick, VIC 3056

Map of 462-464 Sydney Road

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A TROPHY BRUNSWICK RETAIL CORNER INVESTMENT

  • New 5 Year Lease (No Options)
  • High Profile Corner Position
  • Huge Value-Add/Redevelopment Potential
Savills is delighted to offer for sale this absolute prime corner retail investment at 462-464 Sydney Road, Brunswick. This high profile retail freehold benefits from a prominent position in the heart of the vibrant and bustling Sydney Road retail precinct.

Key attributes of this impressive opportunity include:
- High exposure corner retail building of 717sq m*
- Brand new 5 year lease commencing 20 March 2020 (no further options)
- Net Rental (as at 20/3/20): $131,453* + Outgoings & GST
- Prime corner landholding of 757sq m*
- High profile dual street frontage to Sydney Road & Victoria Street plus rear access
- Favourable Commercial 1 Zone providing significant future development height potential
- A public transport hotspot serviced by trains, trams and buses
- Situated within the heart of the vibrant and tightly held Sydney Road retail strip
- The ultimate retail investment with future flexibility for investment, owner-occupation or development options

SOLD

*Approx.

For further information please contact:
Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...

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
Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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