SOLD
Sold on 28 Mar 2024 for $550,000

208 Albion Street
Brunswick VIC 3056

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 334m2
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Property Details for 208 Albion St, Brunswick

Building Type
Commercial
Year Built
2009
Floor Size
86m2
Land Size
334m2
Local Government
Merri-Bek
Lot/Plan
7/PS615511

Last Listing description (July 2024)

Presenting opportunity & unparalleled convenience. A thriving and popular caf located off Sydney Road, Melbourne.

This functional designed Cafe/Restaurant allows up to 20 seats, featuring 87sqm total building area with 1 car parking space,

Excellent connectivity and exposure with Trams stopping directly outside the property with approx. 22,000* cars passing by daily.

Located in a renowned food and beverage precinct surrounded by an array of hospitality institutions drawing consistent and loyal patronage from across wider Melbourne with approx. 12km to Melbourne Central.

This rare retail investment is a valuable addition to any property portfolio, given its prime location.

Currently tenanted on a month to month lease with the option to either buy vacant or purchase as investment, with a 3 year lease attached with the existing tenant.

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Property History for 208 Albion St, Brunswick, VIC 3056

A timeline of how this property has performed in the market
Last Sold
$550,000
28 Mar 2024
Listed for Rent
$448/w
01 Oct 2014
  • 28 Mar 2024
    Sold for $550,000
  • 05 Mar 2024
    Listed for Sale $500,000 - $550,000
  • 01 Oct 2014
    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 17,083 properties.

    There are currently 55 properties listed for sale, and 65 properties listed for rent in Brunswick on OnTheHouse. According to CoreLogic's data, 716 properties were sold in the past 12 months in Brunswick.

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