![]() Asset Class: | Office |
![]() Price: | $ 680000 |
![]() Net Yield: | 6.00 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | Pre Market |
<p style=""><span style="color:rgb(0, 0, 0);">Located just metres from the vibrant Sydney Road retail precinct and steps from Jewell Station, 8/9 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 Furst Media, a leading independent publishing and creative agency behind well-known titles such as </span><span style="color:rgb(0, 0, 0);"><i>Beat Magazine</i></span><span style="color:rgb(0, 0, 0);"> and </span><span style="color:rgb(0, 0, 0);"><i>Fashion Journal</i></span><span style="color:rgb(0, 0, 0);">. The lease commences March 2025 on a three-year term with a further three-year option, returning $42,000 per annum plus GST and outgoings, with fixed 4% annual increases.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><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></p>
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<p style=""><span style="color:rgb(0, 0, 0);"><b>Brunswick: Inner-North Melbourne </b></span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">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></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span></p><p style=""><span style="color:rgb(0, 0, 0);"><b>Demographics & Population</b></span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">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></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">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></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span></p><p style=""><span style="color:rgb(0, 0, 0);"><b>Property & Investment Appeal</b></span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">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></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span></p><p style=""><span style="color:rgb(0, 0, 0);"><b>Retail & Hospitality</b></span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">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></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">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></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span></p><p style=""><span style="color:rgb(0, 0, 0);"><b>Transport & Connectivity</b></span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">Brunswick is exceptionally well connected:</span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">• Three train stations (Jewell, Brunswick, and Anstey) on the Upfield line provide direct access to the CBD in under 20 minutes.</span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">• Tram routes 19, 1 and 6 traverse the suburb, offering extensive north-south and east-west connectivity.</span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">• The Upfield Bike Path and pedestrian-friendly streets support Brunswick’s reputation as a cycling suburb, aligning with its environmentally conscious demographic.</span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span></p><p style=""><span style="color:rgb(0, 0, 0);"><b>Education & Amenities</b></span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">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></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span></p><p style=""><span style="color:rgb(0, 0, 0);"><b>Future Growth & Development</b></span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">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></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span></p><p style=""><span style="color:rgb(0, 0, 0);"><b>Key Highlights for Investors</b></span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">• Proximity to Melbourne CBD (4–6 km)</span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">• Strong rental demand, especially among students, creatives, and professionals</span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">• Established cultural and commercial precincts</span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">• Continued gentrification and infrastructure investment</span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">• Low vacancy rates and diverse property types</span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span></p><span style="color:rgb(0, 0, 0);font-weight:normal;">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 File<p style=""><span style="color:rgb(0, 0, 0);"><b>Furst Media</b></span></p><br><p style=""><span style="color:rgb(0, 0, 0);">Furst Media is a Melbourne-based independent publishing and creative agency, best known for producing some of Australia’s most popular street press and youth culture magazines. Founded in the early 2000s, the company has carved out a strong niche within Australia’s arts, music, fashion, and lifestyle sectors through its widely circulated titles and curated content that resonates with youth and creative communities.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">Furst Media’s flagship publications include:</span></p><p style=""><span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>Beat Magazine</b></span><span style="color:rgb(0, 0, 0);"> – One of Melbourne’s longest-running free street press music magazines, Beat has a strong following among live music fans and is distributed across hundreds of venues, bars, record stores, and cafes. With both print and digital formats, it maintains high engagement, especially among Melbourne’s inner-city cultural scene.</span></p><p style=""><span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>Fashion Journal</b></span><span style="color:rgb(0, 0, 0);"> – A widely read fashion, beauty, and lifestyle magazine with national distribution. Fashion Journal is known for its stylish curation and strong digital presence, appealing particularly to young, trend-aware audiences. It is regularly used as a platform for emerging Australian designers and beauty brands.</span></p><p style=""><span style="color:rgb(0, 0, 0);">• </span><span style="color:rgb(0, 0, 0);"><b>Soda</b></span><span style="color:rgb(0, 0, 0);"> – A newer addition that focuses on digital content, trends, and pop culture, engaging a younger demographic through online-first storytelling.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">Beyond publishing, Furst Media operates as a creative agency, offering services in branding, design, digital strategy, and content creation for lifestyle brands, music festivals, hospitality venues, and retail clients. Their reputation for authenticity and cultural relevance makes them a sought-after partner for campaigns targeting millennial and Gen Z audiences. Clients span a wide range of industries, from fashion and hospitality to entertainment and retail, with notable brand collaborations including Levi’s, Converse, Nike, and Red Bull.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">With a well-established footprint across Australia and high visibility in key creative sectors, Furst Media presents as a reliable tenant backed by a strong track record in both publishing and marketing services. Their operations are anchored in Melbourne, where their headquarters contribute to the city’s cultural and media landscape.</span></p>
Initial Term:
Security:
10,500 - 3 Months' rent
Security Info:
10,500 - 3 Months' rent
Initial Term:
Security:
10,500 - 3 Months' rent
Security Info:
10,500 - 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 7/ 9 Wilson Avenue, Brunswick 102sqm $45,000 $441psqm
Offer To Purchase:
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Initial Deposit:
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Due Diligence:
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Finance:
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Settlement:
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<p style=""><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>Furst Media</i></span><span style="color:rgb(0, 0, 0);"> on a 3+3 year lease commencing March 2025</span></p><p style=""><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);"> $42,000 per annum plus outgoings & GST with 4% fixed annual increases</span></p><p style=""><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);"> 100 sqm of Net Lettable Area (NLA)</span></p><p style=""><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></p><p style=""><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></p><p style=""><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></p><p style=""><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></p><p style=""><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 unit price ~$600,000, strong investor and rental demand</span></p><p style=""><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 highly visible cultural publisher and creative agency with national reach and partnerships with brands like Levi’s, Nike & Red Bull</span></p><p style=""><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; land tax (trust) $168 p.a.; management fee 2.2%</span></p><p style=""><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></p>