Share this property

realcommercial.com.au
Savills - Melbourne

88 Sydney Road Brunswick, VIC 3056

Directions

88 Sydney Road,
Brunswick, VIC 3056

Shops & Retail • Offices

Price information

Sold

Contact Agent

Key property information

Floor area

Property extent

Tenure type

Sold on

Savills - Melbourne
Julian Heatherich
Benson Zhou

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
88 Sydney Road
Brunswick, VIC 3056

Map of 88 Sydney Road

Directions

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...

Property ID: 503739942Last Updated: 15 Jun 2021

Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Savills - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.