Gorman Commercial FOR SALE

644 Sydney Road, Brunswick

auction

SUPERB RETAIL INVESTMENT WITH UPSIDE

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.

Property Details

Asset Type
Retail
Building Area
180 m2*
Price
Contact Agent

Tom Maule

0401 636 049

tmaule@gormancommercial.com.au

Dean Alexander

0409 877 787

dalexander@gormancommercial.com.au