- Income: $48,672 pa
- 4% annual increases
- Building area: 180 sqm
Description
Gorman Commercial is pleased to offer 644 Sydney Road, Brunswick for private sale.
The property is leased to a popular hospitality operator with a 6m frontage to Sydney Road and set amongst quality retail and hospitality operators, this substantial modern freehold ticks all the boxes.
Key property features include:
* Income: $48,672 pa + GST + outgoings ( as of 1st March 2025 )
* 5+5+5 Year lease from March 2023
* 4% annual increases
* Modern open plan building area of 180 sqm approx. plus rear R.O.W
* Zoning: Commercial 1
Situated within the busy and constantly evolving Sydney Road this freehold is strategically located in close proximity to other popular eateries as well as a number of large multilevel residential developments and conveniently located close to Anstey and Brunswick Train Station.