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131 Sydney Road Coburg, VIC 3058

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131 Sydney Road,
Coburg, VIC 3058

Shops & Retail • Development Sites & Land

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Corner Tenanted Investment With Value-Add Opportunity

* 220 sqm land area
* 192 sqm floor area
* Activity Centre Zone
* Leased to a long term, established tenant with 4 years remaining on the lease
* Returning $52,450 per annum net
* Two street frontages, 5.7 metres to Sydney Road and 40 metres to Carron Street
* Council permit approved for outdoor canopy at the rear of the property and outdoor seating on Carron Street
* Nearby tenants include Ampol Service Station, Ray White Coburg, Coburg Dental Group, Aussie Home Loans, and Central Melbourne Cardiology
* Structurally sound building with some need for minor cosmetic upgrades

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Property ID: 503943866Last Updated: 9 Feb 2022

04312866...
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131 Sydney Road
Coburg, VIC 3058
Modo Property
Suite 6, 609 Canterbury Road
SURREY HILLS, VIC 3127
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