T5/55-63 Nicholson Street Street, Brunswick East



Sold

AUCTION TOMORROW AT 10.30AM

Trendy City Fringe Cafe in The Heart of Bustling Brunswick

- New 7 year lease to 2028
- Fixed 3% rent increases
- Tenant pays all usual outgoings

Secure 7 year lease to Jan 2028 plus options to 2043.

Mary Miller Café: established and highly rated operator boasting 269 4.6 star reviews on Google.

Modern 119 café positioned in award winning ‘Nightingale’ Development.

Fixed 3% rent increases ensuring growth.

Tenant pays all usual outgoings.

Single tenant minimum management investment.

An abundance of surrounding proposed and commenced residential/ mixed use developments providing additional future population to the immediate vicinity.

Substantial tax depreciation benefits.

Brunswick population is estimated to grow by 19.6% to 36,794 residents by 2031.

Brunswick: An in demand, high density city fringe ‘capital growth’ suburb only 3.5km to the Melbourne CBD.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino, Melbourne.

In conjunction with Burgess Rawson - Melbourne.
Zomart He
0488 220 830

 

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