GrayJohnson is excited to offer for sale by expressions of interest this substantial, part-tenanted industrial freehold in Brunswick’s Core Industry and Employment Area. This is an exceptional opportunity for an owner-occupier to acquire an expansive premises in an industrial hot spot, while enjoying significant income from the existing tenant. It’s the perfect chance to future-proof your business.

The eastern section of the property is currently leased to a leading importer and wholesaler with a 45-year history in Melbourne. This longstanding tenant occupies 2,914 sqm* of the property under a lease expiring in July 2030, with a further 5-year term.

The remaining 2,304 sqm* of high-clearance warehousing suits a range of uses including self-storage, logistics, storage or hospitality. There is also a vacant 4-bedroom apartment. The property has an expansive frontage to Phoenix Street with significant signage opportunities and includes on-grade car parking in front of the building.

The opportunity:
> Significant landholding of 5,760 sqm*
> Expansive frontage of 67 metres*
> Total building area 5,218 sqm*
> Part-leased to long-standing tenant
> Vacant warehouse and 4-bedroom apartment – 2,304 sqm*
> Maximum springing height of warehouse 10.3 m*
> Multiple RSD access points
> On grade carparking at the front of the property
> Zoned Industrial 1

The location:
> Established and in-demand industrial precinct
> Located in a Core Industry and Employment Area
> Close to Sydney Road shopping, eateries, tramline
> Close to Brunswick railway station
> 6 km* from Melbourne CBD

*approx.