BUILDING AREA
205 sqm*
LAND AREA
280 sqm*
ZONING Commercial 1 zone (CIZ)
TENANCY Vacant Possession
METHOD OF SALE Private Sale
SALE TERMS
10% Deposit, Balance 30/60 Days
A freehold, blank-canvass opportunity. Utilise the current structure as is, or utilise the favourable zoning for a complete transformation (STCA).
205 sqm* total building area
280 sqm* total land area
6.7 metres frontage to Barkly Street
Rear laneway access via Black street
Flexible Commercial 1 Zone
Onsite parking
Invest, Develop, Occupy (STCA)
“With so much potential, it’s a once in a generation opportunity to buy a Commercial 1 Zone property on the fringe of Melbourne’s inner North.”
CRAIG MCKELLAR DIRECTOR
“The word ‘flexibility’ gets thrown around a lot in relation to property, but this site might just be the definition of the words itself.”
LUCA ANGELICO PROPERTY EXECUTIVE
This land holding spans 280 sqm* and boasts a Barkly Street frontage of 6.7m*, as well as a rear laneway and parking space for 2 vehicles. The building, covering 205 sqm*, offers an open plan shell with an internal height clearance of 5m*. The front of the property would be ideal for a retail, hospitality, office or showroom space, while the rear provides ample storage and amenities.
The fit-out has been stripped back to create a blank canvas opportunity, presenting endless possibilities for the property’s future. With a freehold title and Commercial 1 Zoning, owner occupiers can customize the space to their liking, investors can take advantage of the high demand in the area, and the site can be transformed with rear and/or upper floor extensions to cater to residential or commercial use (subject to planning approval).
An area is known for its unique and eclectic blend of cultures, art, music, and food. With its close proximity to the city, Brunswick has become a popular destination for young professionals, artists, and students.
The surrounding area is filled with trendy cafes, restaurants, and bars, showcasing the diverse range of cuisines available in Brunswick. There are also numerous independent boutiques, vintage stores, and art galleries, adding to the bohemian feel of the suburb. With its lively and creative atmosphere, Brunswick has become a hub for the arts, with regular cultural events and festivals taking place throughout the year.
The property benefits from excellent transport links, including the No.19 tram on Sydney Road and bus services on Brunswick Road. And finally, Jewell Railway Station is located only 200m* away. The those travelling
by car, Barkly Street offers easy access to major roads, including Sydney Road and CityLink, making light work of the daily commute.
Just 2mins* from the property, Barkley Square offers a range of amenities, including supermarkets, cafes, and specialty stores - anchored by the likes of Coles, Kmart and Woolworths.
Whether you’re looking for a delicious brunch, an evening of live music, or simply a stroll through the vibrant streets, the area surrounding Brunswick has something to offer for everyone.
SARAH SANDS APARTMENTS
Address: 29 Sydney Road, Brunswick
Apartments: 31 Apartments
Levels 6 levels
Project Status: Completed June 2021
BLACK STREET APARTMENTS
Address: 47 Sydney Road, Brunswick
Apartments: 11 Apartments
Levels 6 levels
Project Status: Under Construction
ELEMENTS BRUNSWICK APARTMENTS
Address: 278-282 Barkly Street, Brunswick
Apartments: 39 Apartments
Levels 8 levels
Project Status: Under construction
ON THE MAP: BRUNSWICK.
Located in the inner city fringe and approximately 7km* from the CBD, Brunswick is traditionally a working class suburb and is widely known for its strong arts and music culture.
Brunswick’s major throughfare is Sydney Road and incorporates the northern section of iconic Lygon Street, forming its border with Brunswick East.
Recent facts show that the median age for home occupiers is 34 years and the median household size is 2.2 people. The average number of bedrooms per occupied private dwelling is 2.4. 38.7% occupy a separate house in this suburb and 24.5% are semi-detached.
Council rates: $3,909.75 per annum
Water rates: $1,088.84 per annum
Land tax: $4,175.00 per annum
SITE DETAILS
Frontage to Barkly Street: 6.7 metres*
Frontage to rear lane: 6.7 metres*
Western side boundary: 41.8 metres*
Eastern side boundary: 41.8 metres*
Total site area: 285 square metres*
TITLE PARTICULARS
ZONING Commercial 1 Zone (CIZ)
PLANNING OVERLAYS
Development Contributions Plan Overlay — Schedule 1 (DCP01)
Design And Development Overlay - Schedule 18 (DDO18)
Parking Overlay - Precinct 1 (PO1)
POINT OF INTEREST:
Craig has been transacting commercial real estate in Melbourne’s north for more than a decade. And in that time, he’s marvelled at how the properties within this point of the city have adapted to the burgeoning urban landscape. It’s a transformation he has witnessed not just as a real estate agent but a property consultant, too. He’s equipped with the resources to think beyond today and forecast market trends, investor profitability and even Melbourne’s weather — yes, you should always pack a jumper.
POINT OF VIEW:
“Under the umbrella of real estate, commercial property stands alone in its unique and diverse opportunity. Ongoingly, those in the market have seen prospects align — whether that’s a location to expand your growing business, an investment with rental and capital growth, or a development with appreciating value.”
M:
POINT OF INTEREST:
With an interest in commerce and experience in construction management, Luca has both the creativity and practical problem-solving skills needed to cut it in this industry. Enthusiastic. Committed. Diligent. Having joined CVA in 2017, it was 2020 that saw him become a Sales and Leasing Executive. A role in which Luca is able to showcase his enthusiastic side, fixated on even the smallest of details which make all the difference in helping both developers and investors alike. It’s all of this that will keep you interested in working with him, well beyond the point at which your transaction concludes.
POINT OF VIEW:
“Commercial property is integral to the productivity of our society. Turning over the existing property, and similarly the construction of new property ensures innovation, creation and the further evolution of all industries. It is this collective growth that keeps me so excited to deliver for every one of my clients.”
PLAN SCHEDULE:
TOTAL BUILDING AREA 205 sqm*
LAND AREA 285 sqm*
*All measurements and sizes are approximate only.
