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644 Sydney Road, BRUNSWICK VIC 3056 SOLD

SUPERB RETAIL INVESTMENT WITH UPSIDE
8
Price
Contact Agent
Building Area
180 sqm

Description

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.

LOCATION