Retail

16 Michael Street, Brunswick

16 Michael Street Brunswick, VIC Australia 3056
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area

Property Description

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

 

16 Michael Street, Brunswick is For Sale via On-Site Public Auction on Thursday 12 August 2021 at 12:30pm

 

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 | 0498 688 998


*Approximate

Investment Highlights

·        Dual fronted 905sqm landholding

·        Renewed 5 + 5 year lease

·        Longstanding tenant

Last Updated Date: 28 Jul 2021
Nick Peden
Nick Peden
Director
Josh Rutman
Josh Rutman
Senior Director, Capital Markets Head of Middle Markets & Metropolitan Investments – Victoria

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 28 Jul 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.