2 Retail Investments on 1 Title!

Sold - 1 & 2/337-341 Sydney Road, Brunswick

Investment opportunity, Retail, Hotel/Leisure

Sale Details

Sold on 02 Oct 2013

Building Area 264m²

Overview

Sale History ID: 20426
Property ID: 8516
Advertised Price: Contact Agent

Description

These 2 retail investments on 1 title are being offered as a whole!

Benefiting from an ideal location in the busy Sydney Road retail/café precinct, this great investment opportunity can be summarised by the following key attributes:

- Leased to established café and record/book shop
- Total area of 264m2 (approx)
- Total rental return of $131,371.56 per annum
- Five (5) secure car spaces on title
- Two (2) secure storage spaces on title
- Iconic heritage Property formerly known as the Cumberland Hotel circa 1856
- Original general pub license is still in use by the current tenant
- Over 15 metres of Sydney Road frontage
- Neighbouring Commonwealth Bank, Aldi, Savers, Woolworths, ANZ and NAB
- Trams on the doorstep and walking distance to Brunswick Railway Station

This is a chance to purchase a piece of Brunswick history, enquire today.

Additional Info
Features
TenancyChampion Logistics Pty Ltd & Titlespace Pty Ltd
Lease TermRefer to attached tenancy schedule
CommencedRefer to attached tenancy schedule
Rent ReviewRefer to attached tenancy schedule
Bond/GuaranteesRefer to attached tenancy schedule
Outgoings PayableRefer to attached tenancy schedule
Air ConditionerYes
AvailabilityImmediate
Car Parking FeesNo
Car SpacesFive (5) secure car spaces on title
ConditionExcellent
FloorsTimber
Height3-4 meters
LiftsNo
Roller DoorsNo
SprinklersNo
ZoningBusiness 1
Outgoings
Owners’ CorporationTBA
Council RatesTBA
Water RatesTBA
Land TaxTBA
Agent Details
CVA Property Consultants - Leo Mancino

Leo Mancino

M | 0418 343 147
T | (03) 9623 2570
E | [email protected]

CVA Property Consultants - Anthony Carbone

Anthony Carbone

M | 0488 440 190
T | (03) 9623 2559
E | [email protected]