Industrial/Warehouse
752m2
752m2
Mixed Use
Unique Inner-City Redevelopment Opportunity
Fitzroys and Teska Carson as agents in conjunction are delighted to offer for sale a rare and unique redevelopment opportunity just 40 metres* from the popular Lygon Street retail precinct located in the rapidly developing and highly desirable inner-city suburb of Brunswick.
This substantial site offers Investors and Developers an excellent opportunity to acquire a generational property with the flexibility to continue with the current tenancy profile or redevelop into a multiple level development (STCA).
The key attributes of this opportunity include:
- Substantial Site Area: 752sqm with an extensive frontage to Evans Street of 27.43 metres and rear road access
- Lease: 5 + 5 year lease to Holborne Institute Pty Ltd - Education Provider (lease contains demo clause)
- Current Rent: $108,780pa plus outgoings and GST
- Zoned: Mixed Use
- Close to a plethora of multiple level mixed used developments along Lygon Street
- Benefiting from excellent transport options and attractive nearby amenities Rapidly growing residential population with many apartment projects underway and in planning stage
101 Evans Street Brunswick – Adjoining property also available for purchase Site Area: 250sqm with rear road access The acquisition of both properties will provide the purchaser with a new total site area of 1,002sqm allowing for a much larger scale development (STCA) and a substantial frontage to Evans Street of 36.57metres*
The above properties are available for sale by Expression of Interest Closing Wednesday 25th September at 3pm.
*Approx.
Consultant
Mark Talbot
M: 0409 222 411
E: talbotm@fitzroys.com.au
Brent Glassford
M: 0430 484 322
E: glassfordb@fitzroys.com.au
Industrial/Warehouse
752m2
752m2
Mixed Use