34 & 36 Hope Street, Brunswick, VIC 3056

Industrial | Development/Land | Retail

For Sale or Lease Contact Agent

  • Property ID: 447565
  • Floor Area: 394m² - 836m²
  • Land Area: 455m² - 973m²
  • Occupancy: Vacant
Components

Name Naber's Floor Land Price Rental (p.a.)
34 N/A 394m2 455m2 Contact Agent Contact Agent
36 N/A 442m2 518m2 Contact Agent Contact Agent
Total N/A 836m2 973m2 Contact Agent Contact Agent
HIGH HOPES: DOUBLE FACTORY OPPORTUNITY.

POINT OF INTEREST:
Set amongst an enviable Brunswick backdrop, these two freestanding factories on two separate titles represent the industrial pull amongst the famed cafes, restaurants, and retail stores, with none of the Sydney Road bumper-to-bumper traffic. Both are solid brick construction sitting on commercial 1 zoning, making this block an excellent opportunity for now and well into the future, particularly considering the previous plans and permits for a 5-level mixed-use development. The generous landholding, and extensive nearby construction precedent make this a perfect site for future re-development or landbanking, due to the abundance of amenity and rapid growth of Brunswick and Merri-Bek as a whole.

Gameology Pty Ltd taps into the lucrative and passionate market of game enthusiasts; there’s everything here from Catan, Pokemon, and World of Warcraft. They’re on a 3-year lease that commenced on the 1st of July 2024 and are paying $92,881.80 per annum + GST. Their bond is equivalent to 2 months of rent + GST, with a 3% annual increase as part of the agreement.

Head over the rail line and you’ll get to Sydney Road, the heartbeat of Brunswick, where Bunnings, Barkly Square, and La Manna serve the community with every convenience. This is also where the 19-tram heads straight into the CBD, but walking 400 m* north to Anstey railway station will be an even quicker commute. Inner fringe living and working have arterial benefits, too. You’re a kilometre from the Citylink, 2 km* from Nicholson Street, and 2.6 km* from Bell Street.

- 973 sqm* total land area.
- 836 sqm* total combined building area.
- 394 sqm* building area at number 34 (Sale/Lease).
- 442 sqm* building area at number 36 (Sale only).
- Commercial 1 Zoning (C1Z).
- 1.7 km* to the Citylink.
- 400 m* to Anstey railway station.

- 36 is leased to Gameology Pty Ltd for 3 years.
- $92,881.80 per annum + GST in leasing income.


POINT OF VIEW:
Like lining up for a Saturday morning loaf of artisan bread around here; the best things are in high demand. And two factories 5 km* from the CBD are about as hot as they come.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Negotiable
  • Car Spaces: Ample on-site
  • Condition: Good
  • Floors: Concrete
  • Lifts: N/A
  • Height: 5m*
  • Age: Approx 50-60 years
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: TBA
  • Council Rates: TBA
  • Owners Corp. / Insurance: TBA
Brunswick Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4299 $360 8.37%
Retail $5944 $299 5.03%
Industrial $4741 $166 3.49%
This is the average advertised price, rent and yield for Brunswick, VIC 3056*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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