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Stonebridge Property Group - Melbourne

177-181 Sydney Rd Coburg, VIC 3058

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177-181 Sydney Rd,
Coburg, VIC 3058

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

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Stonebridge Property Group - Melbourne
Aike Sakeson
Nic Hage
Ian Lam 林煒峻
Rory Alexander

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
177-181 Sydney Rd
Coburg, VIC 3058

Map of 177-181 Sydney Rd

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  • Train stations within 5 km of 177-181 Sydney Rd, Coburg, VIC 3058Distance
    Moreland Station526 m
    Coburg Station895 m
    Anstey Station1.2 km
    Batman Station1.9 km
    Brunswick Station2 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 177-181 Sydney Rd, Coburg, VIC 3058Distance
    30the AvenueSydney Rd Coburg178 m
    31-Reynard St/Sydney Rd (Coburg)214 m
    31-Reynard st216 m
    29Moore StSydney Rd Coburg354 m
    28-Moreland Rd/Sydney Rd (Coburg)562 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 177-181 Sydney Rd, Coburg, VIC 3058Distance
    Sydney Rd/Moreland Rd (Coburg)552 m
    Sydney RdHarding St585 m
    Coburg Railway Station/Munro St (Coburg)613 m
    Sydney RdMunro St619 m
    Moreland Railway Station/Moreland Rd (Coburg)635 m
    POWERED BY HERE ©
POWERED BY HERE ©

Strategic Melbourne Retail Asset - Brand New Lease to Global Tenant

  • Premium Sydney Road Exposure
  • 7km* to Melbourne CBD
  • Convenient Rear Lane Access
Stonebridge is pleased to present ’99 Bikes Coburg (Melbourne)’ for sale via National Portfolio Auction on 19 February at 10:30am (AEDT).

The asset has the following key investment features:

- Brand new 4-year lease to 2030, plus options to 2042, with CPI annual rent increases

- 99 Bikes (Pedal Group) – Australia’s number one bicycle retailer, a wholly owned subsidiary of Pedal Group and backed by ASX listed Flight Centre, boasting a network of 75+ stores globally

- High profile, 563 sqm* corner site offering 16m* of premium street frontage providing exceptional brand visibility

- Strong exposure to Sydney Road (19,000+* vehicles daily) and strategically located in Coburg's primary retail precinct, surrounded by major national retailers including Coles, Woolworths & Bunnings

- State of the art retail showroom boasting significant recent refurbishments and huge depreciation benefits

- Strong local demographics, with the area experiencing significant urban renewal driven by major infrastructure investment and population growth

- Central retail position in major metro catchment with over 559,000+ residents within a 15min drive time

- Coburg - Key inner north suburb of Melbourne 7km* from the CBD and a major retail and commercial hub

- Net Income $94,564 pa* + GST

’99 Bikes Coburg (Melbourne)’ is for sale via National Portfolio Auction on 19 February at 10:30am (AEDT)

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Our ID: a0TOd00000crV35MAE
Our Ref: National Portfolio, Retail

Property Code: 1558

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

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