Gross Waddell ICR is pleased to offer for sale via Expressions of Interest 246-256 Sydney Road, Brunswick. Positioned in the heart of vibrant Brunswick, this property presents an exceptional opportunity to secure a substantial freehold with strong holding income and significant future development potential. Strategically located along bustling Sydney Road and directly adjoining a council park, this high-profile property combines immediate returns with endorsed plans and permits for an exciting mixed-use project.

Key features include:

• Generous landholding of 698sqm*

• Substantial existing building area of 945sqm*

• Fully leased to three tenants on flexible and favourable lease terms

• Strong holding income of $173,283 per annum*

• Endorsed plans & permits for 23 apartments plus ground floor retail

• Directly adjoins council parkland, rare open space interface

• Prime exposure along vibrant Sydney Road retail strip

• Outstanding opportunity to invest, landbank or develop in one of Melbourne’s most sought-after inner-north precincts

For more information or to arrange an inspection, please contact Gross Waddell ICR directly.

*approx.