![]() Asset Class: | Office |
![]() Price: | $ 710000 |
![]() Net Yield: | 6.12 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | Pre Market |
<span style="color:rgb(0, 0, 0);">Located just metres from the vibrant Sydney Road retail precinct and steps from Jewell Station, 7/9 Wilson Avenue, Brunswick offers a rare opportunity to secure a high-performing commercial investment in one of Melbourne’s most dynamic inner-north suburbs. Positioned in a prime growth corridor only 5 km from the CBD, this newly completed 100 sqm ground-floor strata property is leased to Lacan Circle, a national and international psychology and menatl health clinic, founded in 2003. The lease commences April 2025 on a three-year term with a further three-year option, returning $45,000 per annum plus GST and outgoings, with fixed 4% annual increases.</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);">This modern, light-filled premises is situated within a pedestrian-focused laneway that forms part of the Wilson Avenue Public Works Urban Renewal Project, scheduled for completion in late 2024, further enhancing the area’s accessibility and village-like appeal. With Jewell Station and the Upfield Bike Path at the doorstep, ample parking, and surrounded by key lifestyle, hospitality, and transport infrastructure, this property combines long-term growth potential with strong tenant covenant and exceptional connectivity.</span>
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<span style="color:rgb(0, 0, 0);"><b>Brunswick: Inner-North Melbourne </b></span><br><span style="color:rgb(0, 0, 0);">Located just 4–6 kilometres north of Melbourne’s CBD, Brunswick is one of the city’s most culturally diverse and vibrant inner-city suburbs, renowned for its mix of heritage charm, modern development, and strong community identity. With its creative energy, multicultural dining scene, and eclectic retail offerings, Brunswick appeals to a wide demographic, including students, professionals, families, and long-term residents.</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);"><b>Demographics & Population</b></span><br><span style="color:rgb(0, 0, 0);">Brunswick has a population of approximately 28,000 residents, with a median age of 33, highlighting its appeal to a younger, urban crowd. The area is home to a significant number of students and academics, due in part to its proximity to the University of Melbourne and RMIT University.</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);">The suburb is also noted for its high level of cultural diversity, with residents from Italian, Greek, Lebanese, and increasingly Asian and African backgrounds, contributing to its rich culinary and cultural offerings.</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);"><b>Property & Investment Appeal</b></span><br><span style="color:rgb(0, 0, 0);">Brunswick has seen steady capital growth over the past decade due to its desirability, gentrification, and ongoing infrastructure improvements. The median house price sits around $1.33 million, while median unit prices are approximately $600,000, reflecting the area’s strong residential demand. For investors, Brunswick offers a mix of period homes, new townhouses, and apartment developments, making it suitable for both long-term capital appreciation and solid rental yields.</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);"><b>Retail & Hospitality</b></span><br><span style="color:rgb(0, 0, 0);">The suburb is anchored by Sydney Road, one of Melbourne’s longest and most dynamic retail strips, home to a mix of boutique fashion stores, international eateries, bars, live music venues, and essential services. Nearby Lygon Street (extending from Carlton) also contributes to the suburb’s vibrant food culture, particularly for Italian cuisine.</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);">Brunswick is widely regarded as one of Melbourne’s coffee and bar capitals, with iconic venues like A1 Bakery, Wide Open Road, Howler, and The Penny Black drawing locals and tourists alike.</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);"><b>Transport & Connectivity</b></span><br><span style="color:rgb(0, 0, 0);">Brunswick is exceptionally well connected:</span><br><span style="color:rgb(0, 0, 0);">• Three train stations (Jewell, Brunswick, and Anstey) on the Upfield line provide direct access to the CBD in under 20 minutes.</span><br><span style="color:rgb(0, 0, 0);">• Tram routes 19, 1 and 6 traverse the suburb, offering extensive north-south and east-west connectivity.</span><br><span style="color:rgb(0, 0, 0);">• The Upfield Bike Path and pedestrian-friendly streets support Brunswick’s reputation as a cycling suburb, aligning with its environmentally conscious demographic.</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);"><b>Education & Amenities</b></span><br><span style="color:rgb(0, 0, 0);">The suburb is serviced by a range of public and private schools, including Brunswick Secondary College, Brunswick East Primary School, and Sydney Road Community School. Proximity to tertiary institutions and research facilities further enhances its appeal to students and academics.</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);"><b>Future Growth & Development</b></span><br><span style="color:rgb(0, 0, 0);">Brunswick is undergoing significant urban renewal, with the Brunswick Activity Centre and multiple mixed-use residential-commercial projects either under development or recently completed. The suburb is also a focus of the Moreland City Council’s planning strategy, which aims to increase housing density near transport corridors while maintaining heritage and green space.</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);"><b>Key Highlights for Investors</b></span><br><span style="color:rgb(0, 0, 0);">• Proximity to Melbourne CBD (4–6 km)</span><br><span style="color:rgb(0, 0, 0);">• Strong rental demand, especially among students, creatives, and professionals</span><br><span style="color:rgb(0, 0, 0);">• Established cultural and commercial precincts</span><br><span style="color:rgb(0, 0, 0);">• Continued gentrification and infrastructure investment</span><br><span style="color:rgb(0, 0, 0);">• Low vacancy rates and diverse property types</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);">Brunswick offers a compelling investment opportunity in a location that combines inner-city access, community vibrancy, and long-term growth. Its </span><span style="color:rgb(0, 0, 0);"><b>thriving retail and hospitality </b></span>
Additional Location Information FileInitial Term:
Security:
11,250 - 3 Months rent
Security Info:
11,250 - 3 Months rent
Initial Term:
Security:
11,250 - 3 Months rent
Security Info:
11,250 - 3 Months rent
101/ 1 Wilson Avenue, Brunswick 90sqm $38,000 $422psqm 108/ 1 Wilson Avenue, Brunswick 79sqm $35,000 $443psqm G07/ 1 Wilson Avenue, Brunswick 100sqm $42,000 $420psqm G06/ 1 Wilson Avenue, Brunswick 68sqm $35,000 $514psqm Lot 4/ 9 Wilson Avenue, Brunswick 126sqm $69,000 $547psqm Lot 8/ 9 Wilson Avenue, Brunswick 100sqm $43,000 $430psqm
Offer To Purchase:
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<span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>Secure Lease:</b></span><span style="color:rgb(0, 0, 0);"> Leased to well-established tenant </span><span style="color:rgb(0, 0, 0);"><i>Lacan Circle</i></span><span style="color:rgb(0, 0, 0);"> on a 3+3 year lease commencing March 2025</span><br><span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>Rental Terms:</b></span><span style="color:rgb(0, 0, 0);"> $45,000 per annum plus outgoings & GST with 4% fixed annual increases</span><br><span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>Property Size:</b></span><span style="color:rgb(0, 0, 0);"> 102 sqm of Net Lettable Area (NLA)</span><br><span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>Strata Title:</b></span><span style="color:rgb(0, 0, 0);"> Secure strata asset with no unapproved structures or maintenance issues.</span><br><span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>Modern Build:</b></span><span style="color:rgb(0, 0, 0);"> Completed in 2024 by respected developer NeoMetro (est. 1985, 40+ projects).</span><br><span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>Strategic Location:</b></span><span style="color:rgb(0, 0, 0);"> Within metres of Jewell Station, Sydney Road retail strip, Barkly Square tram stop, and Princes Park.</span><br><span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>Urban Renewal Precinct:</b></span><span style="color:rgb(0, 0, 0);"> Located along Wilson Avenue, a key pedestrian corridor undergoing significant urban upgrades in 2024/25.</span><br><span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>High Growth Suburb:</b></span><span style="color:rgb(0, 0, 0);"> Brunswick population growth of 2.2% p.a., median house price ~$1,330,000, strong investor and rental demand.</span><br><span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>Creative Tenant:</b></span><span style="color:rgb(0, 0, 0);"> Tenant is a nationally recognised psychoanalytic organisation with a stable, long-term presence since 2003.</span><br><span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>Low Outgoings:</b></span><span style="color:rgb(0, 0, 0);"> Tenant pays all usual outgoings; except land tax (trust) $676.19 p.a.; management fee 2%</span><br><span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>Favourable Zoning:</b></span><span style="color:rgb(0, 0, 0);"> Positioned within a growing commercial and residential precinct with consistent capital growth trends.</span>