88 Sydney Road,
Brunswick, VIC 3056
Shops & Retail • Offices
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Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
88 Sydney Road
Brunswick, VIC 3056
Map of 88 Sydney Road
AAA Brunswick Retail Investment
- Immediately Adjoining Barkly Square
- Front & Rear Retail Frontages
- Leased to National Tenant + Café
Savills is delighted to offer for sale this prized retail investment located directly adjoining Barkly Square Shopping Centre at 88 Sydney Road, Brunswick.
Key attributes of 88 Sydney Road are as follows:
• Super prime two-storey retail building with front/rear retail tenancies
• High profile Sydney Road frontage plus rear frontage into Barkly Square precinct
• Fully leased to national tenant ‘Chatime’ (125 locations nationally and over 2,000 globally) and busy café ‘The Black Owl’
• ‘Chatime’:
- Lease Term: 5+5 year lease from August 2018
- Net Rental: $46,462.5 per annum* + Outgoings & GST
- Reviews: 3.25% fixed annual reviews
• ‘The Black Owl’:
- Lease Term: 5+5+5 year lease from November 2018
- Net Rental: $56,650 per annum* + Outgoings & GST
- Reviews: 3% fixed annual reviews
• Total Net Rental: $103,112.5 per annum* + GST & Outgoings
• Perfectly positioned within the best part of bustling Sydney Road
• Serviced by abundant car parking at Barkly Square
• A truly premium and passive retail investment positioned for strong future growth
*Approx.
SOLD
Please contact the selling agents for further instructions.
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...
Key attributes of 88 Sydney Road are as follows:
• Super prime two-storey retail building with front/rear retail tenancies
• High profile Sydney Road frontage plus rear frontage into Barkly Square precinct
• Fully leased to national tenant ‘Chatime’ (125 locations nationally and over 2,000 globally) and busy café ‘The Black Owl’
• ‘Chatime’:
- Lease Term: 5+5 year lease from August 2018
- Net Rental: $46,462.5 per annum* + Outgoings & GST
- Reviews: 3.25% fixed annual reviews
• ‘The Black Owl’:
- Lease Term: 5+5+5 year lease from November 2018
- Net Rental: $56,650 per annum* + Outgoings & GST
- Reviews: 3% fixed annual reviews
• Total Net Rental: $103,112.5 per annum* + GST & Outgoings
• Perfectly positioned within the best part of bustling Sydney Road
• Serviced by abundant car parking at Barkly Square
• A truly premium and passive retail investment positioned for strong future growth
*Approx.
SOLD
Please contact the selling agents for further instructions.
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...
Property ID: 503739942Last Updated: 15 Jun 2021
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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