88 Sydney Rd, BRUNSWICK | Property for sale | Savills
184 sq m
Price on application

88 Sydney RdBRUNSWICK

  • Sold
Development land
184 sq m

Key features

  • Immediately Adjoining Barkly Square
  • Front & Rear Retail Frontages
  • Leased to National Tenant + Café

AAA Brunswick Retail Investment

About this property

  • 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.

    ONLINE ACTION - Thursday 24 February at 12 noon.

    Please contact the selling agents for further insturction.
    Julian Heatherich - 0412 995 655
    Benson Zhou - 0458 488 888

Available space

LevelTenancySale TypePriceAreaSqmStatus
n aTender184.00sq mSold