SOLD
Sold on 11 Jun 2024 for $10,450,000

58 Dawson Street
Brunswick VIC 3056

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3472m2
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Property Details for 58 Dawson St, Brunswick

Building Type
Commercial
Land Size
3472m2
Local Government
Merri-Bek
Lot/Plan
1/TP239990

Last Listing description (November 2023)

High-quality showroom, office and warehouse.

GrayJohnson is excited to offer for sale this exceptionally well-presented and ideally located industrial freehold in Brunswick's Core Industry and Employment Area. With a lack of quality industrial property available to purchase in Melbourne's inner north, this is a genuine and rare opportunity for an owner-occupier or investor to acquire a trophy industrial asset in a sought-after area.


The property has an expansive main-road frontage to Dawson Street plus a second frontage to Phoenix Street at the rear. The complex comprises a spacious showroom facing Dawson Street along with an excellent combination of partitioned and open-plan offices.

There are three front entrances, while the 2,125 sqm* clear span warehouse is accessed by two roller shutter doors at the rear. The outstanding exposure to Dawson Street and nine off-street customer car parks provide excellent potential for trade sale or showroom use at the front of the property^.

The location is convenient to Brunswick Railway Station. Sydney Road, with its tramline, shopping and eateries is within a few minutes' walk. There is easy access to Melbourne Airport via nearby Brunswick Road and the Tullamarine Freeway and the Melbourne CBD is just 6km* away.

The opportunity:
Substantial landholding: 3,473 sqm*
Two expansive street frontages (Dawson & Phoenix Sts)
Total building area 2,740 sqm*
Showroom and offices: 615 sqm*
High clearance warehouse: 2,125 sqm*
Huge power supply - 1000 AMPS of power
Multiple RSD access points
Favourably zoned Industrial 1

The location:
Established and in-demand industrial precinct
Main road location with excellent exposure
Located in a Core Industry and Employment Area
Close to Sydney Road shopping, eateries, tramline
Opposite RMIT University Brunswick campus
Close to Brunswick railway station
6km* from Melbourne CBD

*approx
^STPA

Property History for 58 Dawson St, Brunswick, VIC 3056

A timeline of how this property has performed in the market
Last Sold
$10,450,000
11 Jun 2024
  • 11 Jun 2024
    Sold for $10,450,000
  • 26 Sep 2023
    Listed for Sale Contact Agent
  • 01 Jul 2006
    Sold for $2,970,000
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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 17,016 properties. Over the last 5 years, Houses in Brunswick have seen a 18.95% increase in median value, while Units have seen a 8.66% increase. As at 30 September 2024:

  • The median value for Houses in Brunswick is $1,273,955 while the median value for Units is $617,209.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 64 properties listed for sale, and 50 properties listed for rent in Brunswick on OnTheHouse. According to CoreLogic's data, 778 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.