577 Sydney RoadBrunswick VIC 3056
Property Details for 577 Sydney Rd, Brunswick
Last Listing description (December 2022)
Nelson Alexander Commercial are pleased to present 577 Sydney Road Brunswick for Immediate Private Sale.
Located on the biggest retail strip in the southern hemisphere and set amongst a number of established retailers, Sydney Road continues to cement itself as one of the fastest growing retail strips in Melbourne. This outstanding investment opportunity offers secure immediate income with the benefit of future redevelopment (STCA) .
Flexible Commercial 1 Zoning with potential redevelopment (STCA) opportunity previously approved development plans are available upon request
Well-maintained building with a generous land component of 213sqm* and excellent rear access via Little Breese Street and on-site parking for 2 cars
Flexible mixed-use income with secure retail/residential leases with total rental income of $54,500+GST* pa
Retail leased to popular Nail Salon 'All Star Nails' with locations in Sydney Road and Lygon Street and previously Prahran
An abundance of nearby complete and proposed residential/mixed use developments providing additional future population to the immediate vicinity
Brunswick population is estimated to grow by 19.6% to 36,794 residents by 2031^
Easy access to the CBD via tram (45m*) and Anstey Train Station (500m*)
For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial.
*approx.
^source: Gapmaps
Property History for 577 Sydney Rd, Brunswick, VIC 3056
- 13 Dec 2022Sold for $1,100,000
- 29 Jul 2022Listed for Sale Contact Agent
- 25 Jul 2018Listed for Rent - Price not available
Recent sales nearby
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0About 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 17,957 properties. Over the last 5 years, Houses in Brunswick have seen a 17.81% increase in median value, while Units have seen a 6.58% increase. As at 31 December 2025:
- The median value for Houses in Brunswick is $1,361,301 while the median value for Units is $627,879.
- Houses have a median rent of $700 while Units have a median rent of $575.
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