789 & 791 Sydney Road, Brunswick are now available for sale via Public Auction – Wednesday 11th November 2015 at 12pm on site. These two prime investment properties, fully leased since 2007, are to be auctioned separately and located on popular Sydney Road in the heart of Brunswick.
789 Sydney Road:
- Ground floor area: 430m2*
- Leased to Back In Motion returning $72,600 pa
- 5x5x5x5 year lease commenced 1st September 2015
- First floor area: 279m2*
- Leased to Akdeniz Aksamlari returning $34,713 pa
- 3x3x3 year lease commenced 19th April 2013
791 Sydney Road:
- Total building area: 274m2*
- Leased to My Aeon returning $40,000 pa
- 10x10 year lease commenced 1st October 2015
The properties comprise a total land area of 793m2* and feature over 18 metres* of prime Sydney Road frontage.
Sydney Road, Brunswick is one of the southern hemispheres longest retail strips, just a ten minute tram ride from Melbourne’s epicentre, the CBD. Public transportation servicing the area includes the No. 19 tram at your doorstep as well as a short walk to Moreland Railway Station. The area is experiencing substantial growth with numerous residential developments going up due to convenient access to the city.
Make one or both of these exceptional properties a proud addition to your investment portfolio!
Open For Inspection:
20/10 - 11am - 11:30am
27/10 - 11am - 11:30am
04/11 - 11am - 11:30am
10/11 - 11am - 11:30am
*approx