261 Brunswick Street,
Fitzroy, VIC 3065

Shops & Retail • Offices • Other

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Sale - Auction

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Map of 261 Brunswick Street

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Train stations within 5 km of 261 Brunswick Street, Fitzroy, VIC 3065	Distance
Parliament Station	1.4 km
Victoria Park Railway Stationmelbourne	1.4 km
Collingwood Station	1.5 km
North Richmond Station	1.8 km
Melbourne Central Station	1.8 km

Tram stops within 5 km of 261 Brunswick Street, Fitzroy, VIC 3065	Distance
16-Johnston Stbrunswick St	120 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

Bus stops within 5 km of 261 Brunswick Street, Fitzroy, VIC 3065	Distance
Bell St Brunswick St	108 m
LW Group	148 m
Brunswick St/Johnston St (Fitzroy)	149 m
Napier St/Johnston St (Fitzroy)	308 m
14-King William Stbrunswick St	367 m

Prime City Fringe Two Level Freehold Investment | Longstanding Retailer On-Site 10+ Years

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 private sale.

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 2033.
+ 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 immediate private sale.

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: 23 Oct 2024