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IGA Coburg 12-20 Nicholson Street Coburg, VIC 3058

IGA Coburg 12-20 Nicholson Street,
Coburg, VIC 3058

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IGA COBURG - METROPOLITAN MELBOURNE IGA SUPERMARKET INVESTMENT ONLY 6KM* FROM THE MELBOURNE CBD

  • 15 year net lease to IGA (Metcash Ltd)
  • Fixed annual rental increases of 3.5% pa
  • Highly secure investment
Metropolitan Melbourne IGA Supermarket with 15 year net lease to IGA (Metcash Ltd)

1,183sqm* GLA supermarket just 6km* from the Melbourne CBD

Highly secure investment with low exposure to land tax

Significant tax saving depreciation benefits

Surrounded by 15 future residential apartment projects providing more than 2,019 new dwellings

Highly attractive fixed annual rental increases of 3.5% per annum

Net annual income of $349,328* ^

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au



*approx
^Income as at August 2018

Property ID: 502713542Last Updated: 30 Nov 2021

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IGA Coburg 12-20 Nicholson Street
Coburg, VIC 3058
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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