577 Sydney Road,
Brunswick, VIC 3056
Development Sites & Land • Shops & Retail
Key property information
Land area
Floor area
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Zoning
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Nelson Alexander Commercial - FITZROY
187 Gertrude StFITZROY, VIC 3065
577 Sydney Road
Brunswick, VIC 3056
Map of 577 Sydney Road
Sensational Sydney Road Freehold with Future Development Upside (STCA)
- Shop Plus 4 Bed Dwelling
- Future Development Upside (STCA)
- Prime Sydney Road Locale
Nelson Alexander Commercial are pleased to present 577 Sydney Road Brunswick for Immediate Private Sale.
Located on the biggest retail strip in the southern hemisphere and set amongst a number of established retailers, Sydney Road continues to cement itself as one of the fastest growing retail strips in Melbourne. This outstanding investment opportunity offers secure immediate income with the benefit of future redevelopment (STCA) .
Key Features:
• Flexible Commercial 1 Zoning with potential redevelopment (STCA) opportunity – previously approved development plans are available upon request
• Well-maintained building with a generous land component of 213sqm* and excellent rear access via Little Breese Street and on-site parking for 2 cars
• Flexible mixed-use income with secure retail/residential leases with total rental income of $54,500+GST* pa
• Retail leased to popular Nail Salon ‘All Star Nails’ with locations in Sydney Road and Lygon Street and previously Prahran
• An abundance of nearby complete and proposed residential/mixed use developments providing additional future population to the immediate vicinity
• Brunswick population is estimated to grow by 19.6% to 36,794 residents by 2031^
• Easy access to the CBD via tram (45m*) and Anstey Train Station (500m*)
For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial.
*approx.
^source: Gapmaps
Located on the biggest retail strip in the southern hemisphere and set amongst a number of established retailers, Sydney Road continues to cement itself as one of the fastest growing retail strips in Melbourne. This outstanding investment opportunity offers secure immediate income with the benefit of future redevelopment (STCA) .
Key Features:
• Flexible Commercial 1 Zoning with potential redevelopment (STCA) opportunity – previously approved development plans are available upon request
• Well-maintained building with a generous land component of 213sqm* and excellent rear access via Little Breese Street and on-site parking for 2 cars
• Flexible mixed-use income with secure retail/residential leases with total rental income of $54,500+GST* pa
• Retail leased to popular Nail Salon ‘All Star Nails’ with locations in Sydney Road and Lygon Street and previously Prahran
• An abundance of nearby complete and proposed residential/mixed use developments providing additional future population to the immediate vicinity
• Brunswick population is estimated to grow by 19.6% to 36,794 residents by 2031^
• Easy access to the CBD via tram (45m*) and Anstey Train Station (500m*)
For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial.
*approx.
^source: Gapmaps
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
Nelson Alexander Commercial - FITZROY187 Gertrude St
FITZROY, VIC 3065
FITZROY, VIC 3065
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