Blue-Chip Brunswick Investment
295 Sydney Road
Brunswick
200.00m2
Retail
Gross Waddell ICR is please to offer for sale via auction 295 Sydney Rd Brunswick. This is an outstanding opportunity to secure a premium inner-north investment in the heart of Sydney Road. Leased to acclaimed French restaurant Bar Magnolia, this affordable asset offers strong income, fixed annual growth and long-term upside in one of Melbourne’s most vibrant retail and hospitality precincts.
Key Features:
• Leased to award-winning French restaurant, Bar Magnolia
• 5-year lease plus further 5 year option
• Returning $64,896 per annum
• Fixed 4% annual rental increases
• Market review at option
• Character-filled two level freehold building of 200m²*
• Prime position within a tightly held and thriving stretch of Sydney Road.
This property is for sale via onsite public auction on Thursday 2nd April at 12pm.
For more information or to arrange an inspection, please contact Gross Waddell ICR directly.
*approx.
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