THE TOP-TIER IN COMMERCIAL INVESTMENTS

Sold - 122 Nicholson Street, Brunswick East

Investment opportunity, Retail, Hotel/Leisure

Sale Details

Sold on 17 Jul 2025

Building Area 95m²

Overview

Sale History ID: 40686
Property ID: 20549
Advertised Price: Contact Agent

Description

POINT OF INTEREST:

Nestled at the bustling intersection of Nicholson and Blyth Streets, this vibrant 95m² ground-floor space offers endless possibilities. Currently operating as a charming high tea venue, the property boasts an open-plan layout drenched in natural light, with modern comforts like air-conditioning and heating. Positioned beneath a residential complex, and with the 96 tram right at its doorstep, this is a rare opportunity to secure a high-visibility location in Brunswick East, perfect for a wide array of business ventures

- Total building area of 95 sqm*.
- Corner location with a abundance of natural light.
- Leased to Ali & Co Pty Ltd trading as The Third Tier.
- Annual rental of $30,630.60p.a. from 10th May 2025.
- Five year lease + 1 further term of five years.
- Security bond total $15,280.66 plus personal guarantees.
- One onsite parking space and grease trap.
- The only commercial space with a multi-level residential building.
- Mixed use Zone.

POINT OF VIEW:

Imagine your brand in the spotlight at this prime Brunswick East corner, where the daily tram traffic and vibrant footfall bring your business the exposure it deserves. This space is more than just a location—it's a high-visibility platform for growth and success.

*Approx.
Pricing excludes GST

Additional Info
Features
TenancyAli & Co Pty Ltd trading as The Third Tier
Lease TermFive (5) years + Five (5) years
Commenced10th May 2022
Rent Review5% annually
Bond/Guarantees$15,280.66 plus personal guarantees
Outgoings PayablePayable by tenant (excluding land tax)
Age2018
Air ConditionerYes, within front dinning area
AvailabilityUpon Settlement
Car Spaces1
ConditionExcellent
FloorsConcrete throughout
Height3 metres approx
LiftsNot appilcable
Roller DoorsNot applicable
Wheel Chair AccessTo all ground floor areas
ZoningCommercial Zone 1 (CZ1)
Outgoings
Agent Details
CVA Property Consultants - Craig McKellar

Craig McKellar

M | 0431 892 780
T | (03) 9623 2571
E | [email protected]

CVA Property Consultants - Luca Angelico

Luca Angelico

M | 0447 772 782
T | (03) 9623 2585
E | [email protected]