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385 Sydney Rd Coburg, VIC 3058

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385 Sydney Rd,
Coburg, VIC 3058

Shop & Retail • Warehouse, Factory & Industrial

Price information

Sale

Contact Agent

Key property information

Land area

Floor area

Car spaces

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$60,909
Number of Tenants
2 Tenants

Private inspections

to arrange a private inspection.

Map of 385 Sydney Rd

Directions
  • Train stations within 5 km of 385 Sydney Rd, Coburg, VIC 3058Distance
    Coburg Station326 m
    Moreland Station1.1 km
    Batman Station1.2 km
    Anstey Station1.8 km
    Merlynston Station2.7 km
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  • Tram stops within 5 km of 385 Sydney Rd, Coburg, VIC 3058Distance
    32-Harding St/Sydney Rd (Coburg)50 m
    32-Munro St/Sydney Rd (Coburg)79 m
    33-Coburg Market/Sydney Rd (Coburg)155 m
    34-Bell St/Sydney Rd (Coburg)369 m
    31-Edward St/Sydney Rd (Coburg)448 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 385 Sydney Rd, Coburg, VIC 3058Distance
    Sydney Rd/Munro St (Coburg)49 m
    Sydney Rd/Harding St (Coburg)83 m
    Coburg Railway Station/Munro St (Coburg)186 m
    Chambers St/Harding St (Coburg)279 m
    Coburg PS/Bell St (Coburg)313 m
    POWERED BY HERE ©
POWERED BY HERE ©

Prime Sydney Rd Retail Investment with 2 Separate Tenancies

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...

Property ID: 504033671Last Updated: 20 Jun 2022

04199933...
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385 Sydney Rd
Coburg, VIC 3058
Verduci Commercial
102/672 Glenferrie Rd
HAWTHORN, VIC 3122
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