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Gorman Commercial Real Estate

644 Sydney Road Brunswick, VIC 3056

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644 Sydney Road,
Brunswick, VIC 3056

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Gorman Commercial Real Estate
Tom Maule
Dean Alexander

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial Real Estate
644 Sydney Road
Brunswick, VIC 3056

Map of 644 Sydney Road

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SUPERB RETAIL INVESTMENT WITH UPSIDE

Acquire this well-presented freehold investment leased to well-known hospitality operator trading as “Bar Texaco”.

Auction: Friday 26th February at 12 noon on-site

Key attributes of the property comprise:

* Income: $33,746 pa + GST + outgoings
* Land area: 275 sqm (approx.) + rear access
* Building area: 180 sqm (approx.)
* Lease term: 5 + 5 + 5 years
* Fixed 4% annual rent increases

Situated within the ever-evolving Sydney Road retail and hospitality strip surrounded by a large number of residential developments within walking distance to both Anstey and Brunswick Train Station.

Property ID: 503741814Last Updated: 22 Apr 2021

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