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35-39 Sydney Road Coburg, VIC 3058

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35-39 Sydney Road,
Coburg, VIC 3058

Development Sites & Land • Showrooms & Large Format Retail

Key property information

Land area

Floor area

Property extent

Zoning

Private inspections

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Map of 35-39 Sydney Road

Directions
  • Train stations within 5 km of 35-39 Sydney Road, Coburg, VIC 3058Distance
    Moreland Station187 m
    Anstey Station755 m
    Coburg Station1.3 km
    Brunswick Station1.5 km
    Batman Station2.3 km
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  • Tram stops within 5 km of 35-39 Sydney Road, Coburg, VIC 3058Distance
    28-Moreland Rd/Sydney Rd (Coburg)111 m
    29Moore StSydney Rd Coburg116 m
    132-Sydney Rd/Moreland Rd (Coburg)129 m
    133Moreland StationCameron St Coburg199 m
    131de Carle StMoreland Rd Coburg260 m
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  • Bus stops within 5 km of 35-39 Sydney Road, Coburg, VIC 3058Distance
    Sydney Rd/Moreland Rd (Coburg)94 m
    Moreland Railway Station/Moreland Rd (Coburg)261 m
    Moreland Primary SchoolMoreland Rd336 m
    De Carle StMoreland Rd Coburg342 m
    John Fawkner Private HospitalMoreland Rd447 m
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Ready For Development Opportunity or Simply Land Bank

Victorian Real Estate is pleased to offer for sale 35–39 Sydney Road, Coburg.

Offering a superb opportunity to develop in a prime inner-city location, enjoying the vibrancy and exceptional exposure of iconic Sydney Road. This highly sought-after parcel of real estate, complemented by rear laneway access, presents an outstanding development opportunity with a wide array of potential outcomes.

With the advantage of high exposure, this property enjoys the convenience of close proximity to Moreland train station, multiple tram routes, Lygon Street and Melbourne CBD and variety of specialty shops, cafes and attractions that Sydney Road offers.

Additional benefit with plans and permits in place ready for development, this valuable property provides buyers the choice of either occupying, investing or development.

For the investor looking for a generous return or land banking purposes, a generous rental income of $48,000 per annum plus GST and outgoings.


Key attributes of the property include: 

• Sydney Road location
• Land size of 498m2*
• Activity Centre Zoning
• Offered with plans and permits for development of mixed use
apartments with an option of -
* 1 large combined commercial or 3 reasonably sized commercial shops
* 17 apartments comprising of eleven x 2 bedrooms, three x 3
bedrooms, and three x 1 bedroom apartments.
• Large street frontage with rear laneway access
• Rental Income of $48,000 p/a plus GST and outgoings
*Lease Terms 3x3x3 years - including Demolition Clause
• Sixteen vehicle capacity yard area with designated office
• Large garage with rear roller access and kitchenette
• Public transport located just metres away
• Supported by an abundance of retail outlets close to Coburg’s core
retail precinct
• A rare opportunity to develop, invest or occupy in a prominent inner
northern location

A rare opportunity to develop, occupy or invest in a slice of Sydney Road!

Price: $1.65M

For further information or to arrange an inspection, please contact Colin Rounds on 0419 015 8....

*Approximate


Coburg, 3058 demographic data

The median household income for Coburg is $2,065, 9% higher than Greater Melbourne's household income of $1,901. Coburg has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 49% of property owners in Coburg have a mortgage.

26,574
Population
$2,065 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
04190158...
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35-39 Sydney Road
Coburg, VIC 3058
Victorian Real Estate
139/545 Little Collins Street
MELBOURNE, VIC 3000

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