131 Sydney Road,
Coburg, VIC 3058
Shops & Retail • Offices • Medical & Consulting
Price information
Sale
Asking $1,350,000
Key property information
Land area
Floor area
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Map of 131 Sydney Road
Train stations within 5 km of 131 Sydney Road, Coburg, VIC 3058 Distance Moreland Station 391 m Victoria Stsydney Rd 943 m Coburg Station 1 km Anstey Station 1.1 km Brunswick Station 1.8 km POWERED BY HERE ©Tram stops within 5 km of 131 Sydney Road, Coburg, VIC 3058 Distance 30-the Avenue/Sydney Rd (Coburg) 53 m 29-Moore St/Sydney Rd (Coburg) 206 m 31-Reynard St/Sydney Rd (Coburg) 362 m 31-Reynard st 363 m 28-Moreland Rd/Sydney Rd (Coburg) 414 m POWERED BY HERE ©Bus stops within 5 km of 131 Sydney Road, Coburg, VIC 3058 Distance 132-Sydney Rd/Moreland Rd (Coburg) 435 m Moreland Railway Station/Moreland Rd (Coburg) 499 m De Carle St/Moreland Rd (Coburg) 523 m Moreland Primary SchoolMoreland Rd 550 m John Fawkner Private HospitalMoreland Rd 593 m POWERED BY HERE ©
POWERED BY HERE ©
Prime Corner Hospitality Investment Opportunity!
The Property:
* 220 sqm land area
* 192 sqm floor area over two levels
* Activity Centre Zone 1
* Prime corner with 3 frontages
* Classy front dining area plus versatile upstairs and rear of the building
* Highly desirable hospitality fit out
* Structurally sound building currently going through cosmetic upgrades
The Investment:
* Leased to Roza Restaurant
* Tenant commenced in 2008, the current lease was written in 2018
* Current lease expiry April 2030 (6 years and 7 months remaining as at Auction date)
* Plus 1 x further term of 4 years thereafter
* Returning $55,645.16 per annum net
* 3% annual reviews
The Location and Further Info:
* Located at the corner of Sydney Road and Carron Street
* Nearby operators include Ampol Service Station, Ray White Coburg, Coburg Dental Group, Aussie Home Loans, and Central Melbourne Cardiology
* Embedded in one of the most "up and coming" sections of Sydney Road
* Nearby landmark streets such as The Grove & Rennie Street are amongst the most desirable residential streets in Merri-Bek Council area
* 220 sqm land area
* 192 sqm floor area over two levels
* Activity Centre Zone 1
* Prime corner with 3 frontages
* Classy front dining area plus versatile upstairs and rear of the building
* Highly desirable hospitality fit out
* Structurally sound building currently going through cosmetic upgrades
The Investment:
* Leased to Roza Restaurant
* Tenant commenced in 2008, the current lease was written in 2018
* Current lease expiry April 2030 (6 years and 7 months remaining as at Auction date)
* Plus 1 x further term of 4 years thereafter
* Returning $55,645.16 per annum net
* 3% annual reviews
The Location and Further Info:
* Located at the corner of Sydney Road and Carron Street
* Nearby operators include Ampol Service Station, Ray White Coburg, Coburg Dental Group, Aussie Home Loans, and Central Melbourne Cardiology
* Embedded in one of the most "up and coming" sections of Sydney Road
* Nearby landmark streets such as The Grove & Rennie Street are amongst the most desirable residential streets in Merri-Bek Council area
Property ID: 504453360Last Updated: 26 Mar 2024
04312866...
131 Sydney Road
Coburg, VIC 3058
Modo PropertySuite 6, 609 Canterbury Road
SURREY HILLS, VIC 3127
SURREY HILLS, VIC 3127
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