480 Sydney Road, Brunswick, VIC 3056 sold on 28 April 2025 | OnTheHouse
 
SOLD
Sold on 28 Apr 2025 for $1,400,000

480 Sydney Road
Brunswick VIC 3056

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 256m2
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Property Details for 480 Sydney Rd, Brunswick

Building Type
Commercial
Year Built
2018
Land Size
256m2
Local Government
Merri-Bek
Lot/Plan
1/LP61825

Last Listing description (December 2024)

Significant Victorian freehold with rear access and parking
Dependable, long-term lease to a thriving retail business

Substantial foot traffic among one of inner-Melbourne's most iconic strips

Infinitely commanding and placed among one of Melbourne's most iconic lifestyle strips, this charismatic, Gothic-style Victorian provides a rare opportunity to secure a timeless piece of inner-northern history. Well-maintained and versatile, an exceptionally spacious interior spans three superb storeys, currently rented to a flourishing retail business with lease details including:

- Five-year term (from March 1, 2022) with base rent at $48,000 pa. ($4000 pcm.)
- Annual rent increases at 3% (from March 1, 2024)
- One option for a further, five-year term

Smartly functional, sitting rooms accompany a substantial shopfront, while two above storeys comprise a bathroom, kitchen, and six substantial bedrooms. With wide rear access and secure carport parking for two plus parking for an additional 2 cars, possibilities exist to repurpose the entire freehold and utilise as a remarkable business base, or separate shopfront and residential spaces for multiple passive incomes.

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Property History for 480 Sydney Rd, Brunswick, VIC 3056

A timeline of how this property has performed in the market
Last Sold
$1,400,000
28 Apr 2025
  • 28 Apr 2025
    Sold for $1,400,000
  • 17 Oct 2024
    Listed for Sale $1,535,000
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About Brunswick 3056

The size of Brunswick is approximately 5.0 square kilometres. It has 22 parks covering nearly 5.2% of total area. The population of Brunswick in 2016 was 24473 people. By 2021 the population was 24896 showing a population growth of 1.7% in the area during that time. The predominant age group in Brunswick is 30-39 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 2021, 49.90% of the homes in Brunswick were owner-occupied compared with 46.40% in 2016.

Brunswick has 18,124 properties. Over the last 5 years, Houses in Brunswick have seen a 13.38% increase in median value, while Units have seen a 5.03% increase. As at 28 February 2026:

  • The median value for Houses in Brunswick is $1,374,823 while the median value for Units is $628,485.
  • Houses have a median rent of $730 while Units have a median rent of $580.
There are currently 50 properties listed for sale, and 34 properties listed for rent in Brunswick on OnTheHouse. According to Cotality's data, 833 properties were sold in the past 12 months in Brunswick.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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