Gross Waddell ICR is currently marketing the sale of 270-272 & 274 Victoria Street, Brunswick, via Expressions of Interest. This marks the first time these properties have been offered in 66 years, representing a unique opportunity in the local real estate market. Currently owned by a local investor, the decision to diversify has led to this highly anticipated sale, expected to transact in the low to mid $3 million range.
These strategically located warehouses offer a range of options for investors, owner-occupiers, and developers (subject to council approval). 270-272 Victoria Street presents an opportunity to secure an income-producing asset, while 274 Victoria Street is offered with vacant possession, allowing for immediate occupation or development potential (STCA).
This dual offering represents a rare chance to acquire a versatile commercial asset in a highly sought- after location. Key features include two properties separately titled with a combined Mixed Use (MUZ) land area of 724sqm and a building area of 570 sqm.
The properties also boast proximity to major amenities, including Sydney Road, Brunswick train station, Lygon Street, Anstey train station, Barkly Square, and easy access to trams on Sydney Road & Lygon Street. Moreover, they are only 4.5 kms from the Melbourne CBD.
The exclusive sale agents are Raff De Luise and Julian Materia from Gross Waddell ICR.
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