Unique Inner-City Redevelopment Opportunity

Fitzroys and Teska Carson as agents in conjunction are delighted to offer for sale a rare and unique redevelopment opportunity just 40 metres* from the popular Lygon Street retail precinct located in the rapidly developing and highly desirable inner-city suburb of Brunswick.

This substantial site offers Investors and Developers an excellent opportunity to acquire a generational property with the flexibility to continue with the current tenancy profile or redevelop into a multiple level development (STCA).

The key attributes of this opportunity include:

•  Substantial Site Area: 752sqm* with an extensive frontage to Evans Street of 27.43 metres* and rear road access
•  Lease: 5 + 5 year lease to Holborne Institute Pty Ltd - Education Provider (lease contains demo clause)
•  Current Rent: $108,780pa plus outgoings and GST
•  Zoned: Mixed Use
•  Close to a plethora of multiple level mixed used developments along Lygon Street
•  Benefiting from excellent transport options and attractive nearby amenities
Rapidly growing residential population with many apartment projects underway and in planning stage

101 Evans Street Brunswick – Adjoining property also available for purchase
Site Area: 250sqm* with rear road access
The acquisition of both properties will provide the purchaser with a new total site area of 1,002sqm* allowing for a much larger scale development (STCA) and a substantial frontage to Evans Street of 36.57metres*

The above properties are available for sale by Expression of Interest Closing Wednesday 25th September at 3pm.

*Approx.