101/1A Olive York Way, Brunswick West, VIC 3055 | Property Value & History | OnTheHouse
OFF MARKET

101/1A Olive York Way
Brunswick West VIC 3055

Bedrooms: -
Bathrooms: -
Car spaces: 8
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Property Details for 101/1a Olive York Way, Brunswick West

Building Type
Commercial
Local Government
Merri-Bek
Lot/Plan
2/PS749144

Last Listing description (June 2023)

Essential Services Tenant - Net Rental of $50,000 p/a!

Leo & Steve Kikyris of Jason Commercial are pleased to offer for sale to the public market: 101/1A Olive York Way, Brunswick West.

This is your opportunity to secure an office freehold with a strong secure lease to an essential services tenant "Autism Abilities". This property has a good tenant track record since its construction as it was also formerly occupied by an ASX listed essential services tenant Aspen Medical Group.

LEASE DETAILS:

* Rental: $50,000 net per annum
* 100% of all outgoings paid by tenant (excl. land tax)
* 3 Year Lease commencing 06/06/2022 with 1 further option to renew of 2 years
* Annual rent increases @ Fixed 4% & Options @ Market value

KEY FEATURES INCLUDE:
* Building Area: 150 m2 (approx)
* 8 Allocated secure undercover car parking plus ample visitor parking
* Lift Access
* Mixed Use Zone
* High quality, modern Layout.
* Fully equipped gymnasium with shower facilities
* Access to Communal health retreat, landscaped outdoor kitchen & dining, bocce court, table tennis, business centre with wifi and private meeting rooms, private kitchen & dining room and an outdoor landscaped spa area.

LOCATION:
* Brunswick West which presents an affordable option only 4km's from Melbourne's CBD.
* This property is located on the ground level corner facing Albion Street and Olive York Way.
* Around the corner from a delicious and creative strip of eateries and grocery store, with the likes of: Fishin' Around Fish & Chippery, Lolo & Wren, Rude Boy burger, IGA Supermarket for some essentials on your way home
* The Grove is only 12mins from University of Melbourne - One of the world's top ranked Universities.
* Easy access to major arterials including M2 City Link.
* Make the most of the nearby luscious green Dunstan Reserve only 3 minutes away or go for a run along the leafy banks of Moonee Ponds Creek.
* Public transport available on your doorstep; popular bus route and bus stop in front of the building. Also a 5 minute walk to the nearest tram stop on Melville Road which will take you all the way into Melbourne's CBD.

Please note: all prices quoted are GST exclusive.

All enquiries must include full first name & surname, mobile number and email address.

For a detailed discussion regarding your future purchase plans and for further information regarding this property, please feel free to contact below selling agent/s.

Leo Kikyris
0408 365 860
leo@jason***

Steve Kikyris
0438 143 327
steve@jason***

Property History for 101/1a Olive York Way, Brunswick West, VIC 3055

A timeline of how this property has performed in the market
Last Sold
$765,000
18 Apr 2023
  • 18 Apr 2023
    Sold - Price Undisclosed
  • 10 Mar 2023
    Listed for Sale Contact Agent
  • 29 Mar 2022
    Listed for Rent - Price not available
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About Brunswick West 3055

The size of Brunswick West is approximately 3.2 square kilometres. It has 17 parks covering nearly 5.4% of total area. The population of Brunswick West in 2016 was 14159 people. By 2021 the population was 14746 showing a population growth of 4.2% in the area during that time. The predominant age group in Brunswick West is 30-39 years. Households in Brunswick West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brunswick West work in a professional occupation.In 2021, 50.20% of the homes in Brunswick West were owner-occupied compared with 49.00% in 2016.

Brunswick West has 9,623 properties. Over the last 5 years, Houses in Brunswick West have seen a 20.27% increase in median value, while Units have seen a -2.90% decrease. As at 31 January 2026:

  • The median value for Houses in Brunswick West is $1,420,901 while the median value for Units is $521,063.
  • Houses have a median rent of $670 while Units have a median rent of $500.
There are currently 23 properties listed for sale, and 20 properties listed for rent in Brunswick west on OnTheHouse. According to Cotality's data, 474 properties were sold in the past 12 months in Brunswick west.

Suburb Insights for Brunswick West 3055

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.