Gross Waddell ICR is pleased to offer for sale via Expressions of Interest 246-256 Sydney Road, Brunswick. Positioned in the heart of vibrant Brunswick, this property presents an exceptional opportunity to secure a substantial freehold with strong holding income and significant future development potential. Strategically located along bustling Sydney Road and directly adjoining a council park, this high-profile property combines immediate returns with endorsed plans and permits for an exciting mixed-use project.
Key features include:
• Generous landholding of 698sqm*
• Substantial existing building area of 945sqm*
• Fully leased to three tenants on flexible and favourable lease terms
• Strong holding income of $173,283 per annum*
• Endorsed plans & permits for 23 apartments plus ground floor retail
• Directly adjoins council parkland, rare open space interface
• Prime exposure along vibrant Sydney Road retail strip
• Outstanding opportunity to invest, landbank or develop in one of Melbourne’s most sought-after inner-north precincts
For more information or to arrange an inspection, please contact Gross Waddell ICR directly.
*approx.
Remember to mention you found this property on DevelopmentReady
Gross Waddell ICR is pleased to offer for sale via Expressions of Interest 246-256 Sydney Road, Brunswick. Positioned in the heart of vibrant Brunswick, this property presents an exceptional opportunity to secure a substantial freehold with strong holding income and significant future development potential. Strategically located along bustling Sydney Road and directly adjoining a council park, this high-profile property combines immediate returns with endorsed plans and permits for an exciting mixed-use project.
Key features include:
• Generous landholding of 698sqm*
• Substantial existing building area of 945sqm*
• Fully leased to three tenants on flexible and favourable lease terms
• Strong holding income of $173,283 per annum*
• Endorsed plans & permits for 23 apartments plus ground floor retail
• Directly adjoins council parkland, rare open space interface
• Prime exposure along vibrant Sydney Road retail strip
• Outstanding opportunity to invest, landbank or develop in one of Melbourne’s most sought-after inner-north precincts
For more information or to arrange an inspection, please contact Gross Waddell ICR directly.
*approx.
Remember to mention you found this property on DevelopmentReady
246-256 Sydney Road, Brunswick, VIC 3056
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