Share this property

Fitzroys - Melbourne

88 and 100 Cooper Street Epping, VIC 3076

88 and 100 Cooper Street,
Epping, VIC 3076

Showrooms & Bulky Goods • Shop & Retail • Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Floor area

Zoning

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$1,090,000
Number of Tenants
4 Tenants

Private inspections

to arrange a private inspection.
Fitzroys - Melbourne
Paul Burns
Chris James

Fitzroys - Melbourne

Level 27, 360 Collins Street
MELBOURNE, VIC 3000
Fitzroys - Melbourne
88 and 100 Cooper Street
Epping, VIC 3076

Map

Directions

Two Prime Investments with Long Leases to National Tenants

  • Available In One-Line Or Separately
  • Combined Net Income $1,090,000 -WALE 8.1
  • Major Island Site Land Bank 13,495sqm*
Fitzroys is delighted to offer 88 & 100 Cooper Street, Epping for sale via Expressions of Interest closing Friday 3rd December at 12pm (AEDT).

The two properties are available in one line or separately – two (2) lots

The properties comprising an unrivalled ‘island site’ of 13,495sqm* with 470m* street frontage, situated within the Epping Central activity precinct, directly opposite Pacific Epping Shopping Centre and surrounded by major large format retailers, automotive dealers and infrastructure.


Key features of these outstanding opportunities include:

100 Cooper Street, Epping

• Leased to Northern Honda
• Returning $730,000 p.a. Net
• New 10 year lease comm. July 2021
• New and fully refurbished building of 3,860sqm* including showroom, service centre & parts distribution centre
• Land Area: 9,268sqm*

88 Cooper Street, Epping

• Leased to ASX & National tenants including GPC (NAPA), Burson Auto Parts and Spices’n Things
• Returning $360,000 p.a. Net
• WALE 4.5 years
• Three modern showrooms, building area of 1,721sqm*
• Land Area: 4,228sqm*

88 & 100 Cooper Street, Epping (in one line)

• Net income $1,090,000 p.a.
• WALE 8.1 years
• Building Area: 5,581sqm*
• Land Area: 13,495sqm*

The properties are contained within the Epping Central activity precinct – Whittlesea’s primary growth zoning. Higher density commercial, residential and other uses are encouraged in this precinct.

Epping is home to major occupiers including Melbourne Markets, Pacific Epping Shopping Centre, Melbourne Polytechnic, Northern Hospital, and the proposed $2Bn ‘New Epping’ development which is currently under construction.

*Approx.


FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING FRIDAY 3RD DECEMBER AT 12 noon (AEDT)

Property ID: 503946722Last Updated: 26 Nov 2021

Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.