Retail

Shops 1 & 2, 62 & 66-68 Breese Street, Brunswick

Shops 1 & 2, 62 & 66-68 Breese Street Brunswick, VIC Australia 3056
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Year Built 2000
Building Area Gross
Land Area Gross ()
Call for Offers 2022-02-16

Property description

The JLL Melbourne Commercial Sales team is pleased to have the exclusive privilege of offering for sale these brand new, affordable retail tenancies positioned within what is arguably Melbourne’s most active development precinct, providing for unprecedented growth and foot traffic at 62 & 66-68 Breese Street, Brunswick.

 

Key details of the opportunities include:

 - Two brand new retail tenancies

- Positioned on the ground floor of an award-winning project comprising of 59 apartments

- Project completed by renowned Milieu Property

- Prominent and high-profile corner position just 50m* from Anstey Train Station and the Sydney Road retail precinct

- An unprecedented growth location. surrounded by hundreds of proposed/under construction apartments


66-68 Breese Street – Neruda’s Cafe

- Large corner tenancy of 201sqm

- Brand new 10+5+5 year lease from April 2021

- Current Net Rent: $80,920 per annum with 3% fixed annual rental growth

- Tenant pays all recoverable outgoings

- Includes four car spaces on title + storage

- Popular and acclaimed hospitality operator


62 Breese Street – Breathe Architecture:

- 136sqm retail/commercial tenancy

- New 3+3 year lease from May 2021

- Current Net Rent: $65,400 per annum with 3% fixed annual rental growth

- Tenant pays all recoverable outgoings

- Includes four car spaces on title + storage

- Brand new office fit-out/furniture owned by the landlord – significant depreciation benefits

- Renowned architecture firm who are very active and successful throughout Brunswick and broader Melbourne

 

PROUDLY SOLD BY JLL

 

To obtain further information or to arrange a private inspection, please contact the exclusive selling agents.

 

Jesse Radisich | 0402 085 702

Mark Stafford | 0404 401 053

Mingxuan Li 李名  | 0498 688 998

Investment highlights

·        High Quality Tenants

·        Huge Growth Precinct

·        Positioned Within Award Winning Project

Last Updated Date: 10 Mar 2022

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Last Updated Date: 10 Mar 2022

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