477 Sydney Road, Coburg, VIC 3058

TOWN PLANNING DRAWINGS TO CONSTRUCT A 7 LEVEL BUILDING
- 15 APARTMENTS & 1 COMMERCIAL SHOP & ROOF TOP Key Features: Exceptional 7 level apartment building including ground floor retail. Prime position amongst Coburg's best shopping strip. Well connected to CBD via tram and train networks in immediate proximity. Council Car Parking
- East and West of Building Land Area: 388 sq/m (approx.) Total Building Area 2,934 sq/m (approx)
• Ground Floor Retail: 300 sq/m (approx.)
• $57,000 PA +GST plus Outgoings
• 5 Year Lease from 06.07.2023-Nil Further Terms
• Rental Increases Annually fixed @ 3%
• Rental grossly reduced due to proposed construction of development.
• First Floor -2 Bedroom Apartment
• Monthly Tenancy
• Rental: $1,608.00 PCM
• 2 On Site Car Spaces at rear
• Terms: 10% DEPOSIT BALANCE 60/90 DAYS ACT NOW TO SECURE THIS RARE BUILDING OPPORTUNITY