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
