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10 Nicholson street, Coburg, VIC 3058

  • Floor Area:
    628sqm
    Land Area:
    758sqm
  • garages3

      • Sold

      Auctioned for $1,825,000 on Apr 20, 2023

      SIGNIFICANT STAND-ALONE WAREHOUSE INVESTMENT FIRST TIME OFFERED IN 50 YEARS.

      Auction Thursday 20th April AT 1.00PM (UNLESS SOLD PRIOR)

      • Situated on main road 6.7 km to Melbourne CBD

      • Development upside (STCA)

      • Land Measurements 15.4m Frontage x 49.4m Depth

      • Total Land Area 758 sq/m (approx.)

      • Building Area 628 sq/m (approx.)

      • Zoning- Commercial 1 Zone

      • Currently leased to tenant until 6 February 2027

      • Tenant pays rent and outgoings + GST

      • Annual rent reviews fixed at 3% pa.

      • Rental income $57,963.72 P.A

      • Terms: 10% Deposit - Balance 30 / 60days

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      avatar Tim Frlan
      Tim Frlan
      Commercial Managing Director

      Got a property to sell? Contact us for a free Request Appraisal

      Property Info:
      • Property ID: L21985722
      • Property Type:Retail
      • Building / Floor Area:628 sqm
      • Land Area:758 sqm
      • Car Spaces:3
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