***BUY ONE OR BUT BOTH***
Gross Waddell ICR is pleased to present 270-272 & 274 Victoria Street, Brunswick For Sale via Expressions of Interest. First Time Offered in 66 years!
Two strategically located warehouses providing a range of options for savvy investors, owner occupiers and developers (STCA).
270-272 Victoria Street offers an opportunity to secure an income producing asset while 274 Victoria Street is offered with vacant possession providing the ability to occupy. The two properties present a rare opportunity to acquire a versatile commercial asset in a highly sought-after location. Whether you're looking to occupy, invest, or explore the development potential (STCA), this property ticks all the boxes.
Key Features:
Total Building Area: 570 sqm*
(270-272 Victoria St - 300 sqm* & 274 Victoria St - 270 sqm*)
Total Land Area: 724 sqm*
Mixed Use Zone (MUZ)
Occupy, Invest, or Develop (STCA)
2 Properties, 2 Titles
Proximity to a brand-new council Park at 14 Frith Street completion due June 2024**
Prime location surrounded by popular restaurants, cafés, and bars on Sydney Rd & Lygon St
Convenient rear roller door access via Howarth Street
2 titles, 2 properties:
274 Victoria Street Vacant Possession
270-272 Victoria Street Leased
Leased Property Details:
Rental Income: $58,399* p.a. +GST
Term: Three (3) Years
Commencement: 9th July 2024
Nil further options
4% annual increase
Proximity to major amenities:
200m* from Sydney Road
500m* from Brunswick train station
700m* from Lygon Street
900m* from Anstey train station
1km* to Barkly Square
Easy access to trams on Sydney Road & Lygon Street
Only 4.5kms* to Melbourne CBD
*approx
** Source Merri-bek City Council Website
For Sale via Expressions of Interest Closing Wednesday 22nd May at 3pm.
To arrange a private inspection please contact one of the exclusive sales agents at Gross Waddell ICR today.
