Verduci Commercial are delighted to present for Sale by Expressions of Interest, this Prime Sydney Rd Retail and Warehouse Investment Opportunity.

Situated in the heart of the Sydney Rd shopping and retail precinct, and surrounded by a vast number of established long term businesses, all major banks and adjacent to the Woolworths and Dan Murphy's shopping centre and public car park.

This affordable commercial investment features a secure 5 year retail lease to an established tenant, trading as Halfpenny Discount Pharmacy, together with a separate 1 year lease to a long term occupant in the rear warehouse.

Offering excellent scope for further rental growth, together with fantastic future redevelopment potential (STPA), this Prime retail investment would be the perfect addition to your commercial investment portfolio.


KEY PROPERTY FEATURES

* Activity Centre Zoning (ACZ1).

* Prime position in the heart of the Sydney Rd Shopping and Retail Precinct.

* 2 Street Frontages.

* 2 Separate tenancies providing a combined annual rental of $60,909 pa plus GST plus outgoings.

* 1 Rear Car Park on Title.

* Land Size 257 sqm (Approx).

* Building Size 170 sqm (Approx).

* Walking Distance to Coburg Train Station and Tram Stop only meters away.

* Excellent Opportunity for Rental Growth in this vibrant and bustling location.

* Separate 1st Floor Studio/Office.

* Excellent Scope for Further Enhancement & Redevelopment - STPA


This is an outstanding opportunity to secure an affordable retail investment in this premier Sydney Rd location.

For all property enquiries or to arrange a private inspection, please contact exclusive selling agents, Verduci Commercial on 0419 993 3....

Contact
Simon Verduci
0419 993 3...