SOLD
Sold on 02 Apr 2024 for $1,500,000

126 Union Street
Brunswick VIC 3056

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 193m2
Sold By
Walshe & Whitelock Pty Ltd Brunswick
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Property Details for 126 Union St, Brunswick

Building Type
Commercial
Land Size
193m2
Local Government
Merri-Bek
Lot/Plan
1/TP688541

Last Listing description (October 2023)

Nelson Alexander Commercial are delighted to offer For Lease this perfectly positioned gem in a local neighbourhood strip. This is an exceptional opportunity that we highly recommend.

Key Property Features:

- Zoned Mixed Use

- Building Area 250m2 (approx.)
- Heating & Cooling
- Existing Exhaust Canopy & Cool Room
- Rear Access to Clear Span Delivery Dock with Roller Door to Lane
- Separate Kitchen, Bathroom, Office on First Floor
- Hight Ceiling
- Suit Hospitality, Retail, Showroom, Office or Other Uses (STCA)

For all property enquiries or to arrange an inspection, please contact exclusive leasing agents Nelson Alexander Commercial.

Property History for 126 Union St, Brunswick, VIC 3056

A timeline of how this property has performed in the market
Last Sold
$1,500,000
02 Apr 2024
Listed for Rent
$42k/w
19 Oct 2023
  • 02 Apr 2024
    Sold for $1,500,000
  • 27 Jun 2023
    Listed for Rent $42,000 / year
  • 10 Dec 2021
    Listed for Rent - Price not available
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About Brunswick 3056

The size of Brunswick is approximately 5 square kilometres. It has 22 parks covering nearly 5.2% of total area. The population of Brunswick in 2011 was 22,763 people. By 2016 the population was 24,468 showing a population growth of 7.5% in the area during that time. The predominant age group in Brunswick is 20-29 years. Households in Brunswick are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brunswick work in a professional occupation. In 2011, 49.8% of the homes in Brunswick were owner-occupied compared with 46.4% in 2016.

Brunswick has 17,061 properties. Over the last 5 years, Houses in Brunswick have seen a 16.51% increase in median value, while Units have seen a 6.50% increase. As at 31 October 2024:

  • The median value for Houses in Brunswick is $1,275,398 while the median value for Units is $608,561.
  • Houses have a median rent of $695 while Units have a median rent of $550.
There are currently 60 properties listed for sale, and 59 properties listed for rent in Brunswick on OnTheHouse. According to CoreLogic's data, 805 properties were sold in the past 12 months in Brunswick.

Suburb Insights for Brunswick 3056

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.