Skip to main content
29 Sydney Road
Brunswick VIC 3056
SearchBack to results
Sold on 30 Mar 2022

29 Sydney Road Brunswick VIC 3056

  • Hotel, Motel, Pub & Leisure
  • 674 m²
  • Sold

A Trophy Hotel Asset: 'The Sarah Sands Hotel' Leased to Australia's Fastest Growing 'Pub Operator'

    +Long 10 + 10 + 10 year net lease to 2051 to Australian Venue Co.
    +Australian Venue Co: One of the largest pub operators in Australia and New Zealand with over 190 locations.
    +The Sarah Sands Hotel, a Brunswick institution since 1854, extensively renovated throughout to a premium standard.
    +Investor friendly net lease with tenant paying all outgoings as per the Lease (excludes land tax).
    +Prime corner site at the gateway to Melbourne's vibrant and popular inner north.
    +State-of-the-art hotel venue with 3am late night Liquor Licence maximum capacity catering to 500 patrons.
    +High exposure corner site with 42.5m dual street frontage to busy Brunswick Road and Sydney Road.
    +Strategically located in the heart of the city fringe northern retail precinct and within close proximity to Barkly Square, Sydney Road strip shops and fashionable Lygon Street.
    +An abundance of surrounding proposed and commenced residential/ mixed use developments providing additional future population to the immediate vicinity.
    +Substantial tax depreciation benefits.
    +Easy access to the CBD with 5 trams routes within 1.5km plus Jewell train station (250m).
    +Brunswick population is estimated to grow by 19.6% to 36,794 residents by 2031*.
    +Brunswick: An in demand, high density city fringe 'capital growth' suburb only 3.5km to the Melbourne CBD.
    +Net Income: $366,918 pa + outgoings + GST.

    For Sale by Investment Portfolio Auction
    10:30am (AEDT) Wednesday 30 March 2022
    Crown Casino - River Room

    *Gapmaps

    AUCTION

    Auction date and time30/03/2022 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Date Sold30 Mar 2022
    Floor Area674 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017634683
    Category
    Last updated  19 May 2022
    Map for 29 Sydney Road Brunswick VIC 3056

    Property Highlights

    Date Sold30 Mar 2022
    Floor Area674 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017634683
    Category
    Last updated  19 May 2022

    Co-Agents

    Shaun Venables
    Shaun Venables
    Burgess Rawson VIC Pty Ltd
    Call
    0411 860 865
    Zomart He
    Burgess Rawson VIC Pty Ltd
    Call
    0488 220 830
    Billy Holderhead
    Burgess Rawson VIC Pty Ltd
    Call
    0422 817 696

    More Hotel, Motel, Pub & Leisure for Sale in Brunswick VIC

    Sold
    29 sydney road,brunswick, VIC 3056
    674 m²
    Hotel, Motel, Pub & Leisure
    Sold$1,350,000
    271-273 albert street,brunswick, VIC 3056
    310 m²
    Hotel, Motel, Pub & Leisure
    Sold
    shop 2/21 brunswick road,brunswick, VIC 3056
    85 m²
    Hotel, Motel, Pub & Leisure