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88 Sydney Road, BRUNSWICK VIC, 3056

For Sale
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Property for Sale in 88 Sydney Road, BRUNSWICK VIC, 3056

Listing ID:
11402766
Status:
Active
For:
Sale
Last Updated:
18/02/2021
Icon building

Property Type

Retail/Offices
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Land Area

N/A
Icon size

Floor Area

184 SQM
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Parking

N/A

AAA Brunswick Retail Investment

Savills is delighted to offer for sale this prized retail investment located directly adjoining Barkly Square Shopping Centre at 88 Sydney Road, Brunswick.

Key attributes of 88 Sydney Road are as follows:

• Super prime two-storey retail building with front/rear retail tenancies
• High profile Sydney Road frontage plus rear frontage into Barkly Square precinct
• Fully leased to national tenant ‘Chatime’ (125 locations nationally and over 2,000 globally) and busy café ‘The Black Owl’
• ‘Chatime’:
- Lease Term: 5+5 year lease from August 2018
- Net Rental: $46,462.5 per annum* + Outgoings & GST
- Reviews: 3.25% fixed annual reviews
• ‘The Black Owl’:
- Lease Term: 5+5+5 year lease from November 2018
- Net Rental: $56,650 per annum* + Outgoings & GST
- Reviews: 3% fixed annual reviews
• Total Net Rental: $103,112.5 per annum* + GST & Outgoings
• Perfectly positioned within the best part of bustling Sydney Road
• Serviced by abundant car parking at Barkly Square
• A truly premium and passive retail investment positioned for strong future growth

*Approx.

SOLD

Please contact the selling agents for further instructions.

Jesse Radisich - 0402 085 702
Nick Peden - 0402 011 266
Mark Stafford - 0404 401 053
Benson Zhou - 0458 488 888

For more details, please email agent

Savills Melbourne

Level 29, South Tower, 80 Collins Street, , Melbourne, VIC 3000


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