retail
ID 326270UpdatedSold16 Michael Street
16 Michael Street
Brunswick, Victoria, 3056
Please contact us for price
- Size
905 SQM
Nick Peden
Director, Capital Markets � Victoria
Jesse Radisich
Director, Capital Markets � Victoria
MingXuan Li
Associate
- Summary
- Building Information
- Location
- Brochures
- Agents
Description
PROUDLY SOLD BY JLL Melbourne Commercial Sales
PROUDLY SOLD BY JLL
The JLL Melbourne are pleased to have the exclusive privilege of offering for sale an exceptional freehold opportunity located at 16 Michael Street, Brunswick.
Key details of the opportunity include:
· Renowned hospitality venue and longstanding tenant - ‘Howler Bar’
· Prime central Brunswick landholding of 905sqm*
· Renewed new 5 + 5 year lease
· Current Net Rental of $104,000pa* + GST and Outgoings
· Prominent frontage to Michael Street plus second frontage to rear laneway
· Flexible Mixed Use Zoning
· Allowable development height of at least 25 metres (8 levels*)
· Prime Brunswick location just moments from the popular Sydney Road retail strip boasting a myriad of restaurants, cafes, shops and complementary services and facilities.
· In-demand city-fringe location only 4km from the CBD, easily accessible via trams, major road arterials on Sydney Road and nearby Brunswick and Jewell Train Stations.
· Remarkable investment opportunity offering incredible upside
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Nick Peden | 0402 011 266
Jesse Radisich | 0402 085 702
Mingxuan Li 李名 轩 | 0498 688 998
*Approximate
· Dual fronted 905sqm landholding
· Renewed 5 + 5 year lease
· Longstanding tenant
PROUDLY SOLD BY JLL
The JLL Melbourne are pleased to have the exclusive privilege of offering for sale an exceptional freehold opportunity located at 16 Michael Street, Brunswick.
Key details of the opportunity include:
· Renowned hospitality venue and longstanding tenant - ‘Howler Bar’
· Prime central Brunswick landholding of 905sqm*
· Renewed new 5 + 5 year lease
· Current Net Rental of $104,000pa* + GST and Outgoings
· Prominent frontage to Michael Street plus second frontage to rear laneway
· Flexible Mixed Use Zoning
· Allowable development height of at least 25 metres (8 levels*)
· Prime Brunswick location just moments from the popular Sydney Road retail strip boasting a myriad of restaurants, cafes, shops and complementary services and facilities.
· In-demand city-fringe location only 4km from the CBD, easily accessible via trams, major road arterials on Sydney Road and nearby Brunswick and Jewell Train Stations.
· Remarkable investment opportunity offering incredible upside
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Nick Peden | 0402 011 266
Jesse Radisich | 0402 085 702
Mingxuan Li 李名 轩 | 0498 688 998
*Approximate
· Dual fronted 905sqm landholding
· Renewed 5 + 5 year lease
· Longstanding tenant
Location
Agents
Nick Peden
Director, Capital Markets � Victoria
Jesse Radisich
Director, Capital Markets � Victoria
MingXuan Li
Associate