261 Brunswick Street,
Fitzroy, VIC 3065
Shops & Retail • Offices • Other
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Sale - Auction Thu 5 Sep
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Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
261 Brunswick Street
Fitzroy, VIC 3065
Map of 261 Brunswick Street
Train stations within 5 km of 261 Brunswick Street, Fitzroy, VIC 3065 Distance Parliament Station 1.4 km Victoria Park Station 1.4 km Collingwood Station 1.5 km North Richmond Station 1.8 km Melbourne Central Station 1.8 km POWERED BY HERE ©Tram stops within 5 km of 261 Brunswick Street, Fitzroy, VIC 3065 Distance 16-Johnston Stbrunswick St 119 m 15-St David St/Brunswick St (Fitzroy) 121 m 15-Johnston St/Nicholson St (Fitzroy) 284 m 13-Johnston Street 346 m 17-Leicester St/Brunswick St (Fitzroy) 459 m POWERED BY HERE ©Bus stops within 5 km of 261 Brunswick Street, Fitzroy, VIC 3065 Distance Bell St Brunswick St 115 m Brunswick St/Johnston St (Fitzroy) 149 m LW Group 150 m Napier St/Johnston St (Fitzroy) 308 m 14-King William Stbrunswick St 369 m POWERED BY HERE ©
POWERED BY HERE ©
Two Level Freehold Investment on Boutique Brunswick Street
- Decade long proven business
- Rare annual 4% rent increases
- Renewed 3 year lease plus opts
Burgess Rawson and Gross Waddell ICR are pleased to offer to the market 261 Brunswick Street, Fitzroy VIC for sale via Public Onsite Auction.
This property has the following key investment highlights:
+ Prime city fringe two level freehold investment situated in the heart of Brunswick Street, one of Melbourne's most iconic retail and hospitality strips.
+ Renewed Three (3) year lease to 2027 plus two (2) further three (3) year options to 2030.
+ Olga de Polga: globally recognised fashion retailer with a proud history of more than 25 years. (1)
+ Proven retailer on-site 10+ years.
+ Investor preferred net lease terms with Olga De Polga responsible for all usual outgoings as per lease.
+ Rare, fixed 4% annual rent increases.
+ High Profile Brunswick Street position with 11,200+ passing vehicles daily. (2)
+ Prominent 127sqm* main road C1Z site with frontage to busy Brunswick Street and important ROW access at rear of building.
+ Central location with Coles, Woolworths (Fitzroy & Smith St), 7-Eleven, Chemist Warehouse, Westpac and Australia Post all within 800 metres*.
+ Fitzroy: booming inner metropolitan pocket situated only 1.1km* from Melbourne CBD, with population forecast to surge 61.74% by 2046. (3)
+ Rental income: $77,000 pa* + GST.
The property is to be sold via Public Auction held on-site at 12 pm AEST on Thursday 5th September 2024.
For further information or to organise a personal inspection, please contact the exclusive marketing and sales agents directly.
*approx.
Burgess Rawson
Zomart He 何梓轩 | 0488 220 8...
Sam Mercuri | 0413 830 7...
Gross Waddell ICR
Glenn Ye 叶格林 | 0400 880 3...
Andrew Greenway | 0409 547 6...
1 Olga De Polga
2 GapMaps
3 forecast.id
This property has the following key investment highlights:
+ Prime city fringe two level freehold investment situated in the heart of Brunswick Street, one of Melbourne's most iconic retail and hospitality strips.
+ Renewed Three (3) year lease to 2027 plus two (2) further three (3) year options to 2030.
+ Olga de Polga: globally recognised fashion retailer with a proud history of more than 25 years. (1)
+ Proven retailer on-site 10+ years.
+ Investor preferred net lease terms with Olga De Polga responsible for all usual outgoings as per lease.
+ Rare, fixed 4% annual rent increases.
+ High Profile Brunswick Street position with 11,200+ passing vehicles daily. (2)
+ Prominent 127sqm* main road C1Z site with frontage to busy Brunswick Street and important ROW access at rear of building.
+ Central location with Coles, Woolworths (Fitzroy & Smith St), 7-Eleven, Chemist Warehouse, Westpac and Australia Post all within 800 metres*.
+ Fitzroy: booming inner metropolitan pocket situated only 1.1km* from Melbourne CBD, with population forecast to surge 61.74% by 2046. (3)
+ Rental income: $77,000 pa* + GST.
The property is to be sold via Public Auction held on-site at 12 pm AEST on Thursday 5th September 2024.
For further information or to organise a personal inspection, please contact the exclusive marketing and sales agents directly.
*approx.
Burgess Rawson
Zomart He 何梓轩 | 0488 220 8...
Sam Mercuri | 0413 830 7...
Gross Waddell ICR
Glenn Ye 叶格林 | 0400 880 3...
Andrew Greenway | 0409 547 6...
1 Olga De Polga
2 GapMaps
3 forecast.id
Property ID: 504654548Last Updated: 9 Aug 2024
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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