Brunswick’s Prized Value Add Opportunity
Fitzroys is delighted to offer for sale a rare large-scale inner-city landholding just 100 metres from Lygon Street located in the rapidly developing and highly desirable inner-city suburb of Brunswick.
This substantial site offers investors, owner occupiers and developers an excellent opportunity to acquire a generational property with the flexibility to continue with the current tenancy profiles, re-position the asset, occupy the site or further redevelop into multi smaller scale offerings - (STCA).
The key attributes of this opportunity include:
- Significant Site Area: 2,679sqm* with extensive frontage to Victoria Street of 25 metres.
- Fully leased to a variety of established Tenants with highly flexible lease profiles.
- 5 superb independent warehouses with central road access.
- Substantial Total Building Area: 1,921sqm*
- Zoned: Neighbourhood Residential 1 (NRZ1) and Industrial 3 (IN3Z).
- Close to a plethora of multiple level mixed used developments along Lygon Street – only 100 metres away.
- Benefiting from excellent transport options and attractive amenities nearby.
- Rapidly growing residential population with many apartment projects underway and in planning stage.
- Outstanding Value add/redevelopment opportunity (STCA).
160–164A Victoria Street, Brunswick presents an outstanding opportunity to acquire a significant generational site located within one of Melbourne’s most rapidly developing precincts.