A former bank vault in Brunswick could unlock golden opportunities
Step through the modest entrance of 528b Sydney Road and you’ll unlock a hidden vault of history, now transformed into a character-filled modern commercial suite.
On the ground floor, one tenant already occupies the building with ANZ Gallery, a business that offers framing and paintings for sale. However, level 2 is now on the market for a new tenant who appreciates being housed within a building with history in its walls.
In its former life, the property was a fortress of finance, housing gold and reinforced by sturdy steel and brick. Though the vault door may have vanished, the echoes of its legacy remain with thick masonry, lofty 3.1-metre high ceilings, and a generous 231 square metre floor plan where bankers would busy themselves at their desks, dealing with high-profile accounts.
The space is a blank canvas, inviting creative transformation with flexible Commercial 1 zoning subject to council approval – think chic co-working studios or gallery-like showrooms.
Located just moments from the vibrant precinct of Sydney Road, which has a generous supply of top eateries and retail, the property offers both heritage allure and urban convenience. Commercial buildings with character, like 528b Sydney Road, are becoming scarcer in the area for lease as new modern builds take over the northside Melbourne suburb.
The lease is set at $47,500 per annum plus GST and outgoings.
