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RAINE & HORNE
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Map477 Sydney Road, Coburg, VIC 3058
Floor Area:
2934sqm
Land Area:
388sqm
For Sale
$3,300,000 - $3,500,000
NEW READY TO BUILD WITH PERMITS-CONTACT AGENT TODAY !
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
Tim Frlan
Commercial Managing Director
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L29166603
- Property Type:Retail
- Building / Floor Area:2934 sqm
- Land Area:388 sqm
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