Share this property

realcommercial.com.au

Coburg Drive-in, 155 Newlands Road Coburg North, VIC 3058

Directions

Coburg Drive-in, 155 Newlands Road,
Coburg North, VIC 3058

Warehouse, Factory & Industrial

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of Coburg Drive-in, 155 Newlands Road

Directions

Iconic Site – 10 Year Lease – Significant Land Holding

- Landmark site within inner north location
- Excellent connectivity to Melbourne CBD (approx. 11kms), Port of Melbourne (approx. 13kms) and Melbourne International Airport (approx. 17kms)
- 10 year triple net lease guaranteed by Village Cinemas Australia Pty Ltd
- Commencing rental of $597,000 p.a. net
- Fixed annual 3% rental increases
- Significant land holding of 8.1 hectares within constrained market
- Industrial 1 zone
- Multitude of future redevelopment options (STCA)
- High underlying land value underpins the asset

Explore property virtually

Video

Property ID: 502955310Last Updated: 6 Jan 2020

03 9672 66...
realcommercial.com.au logo
Coburg Drive-in, 155 Newlands Road
Coburg North, VIC 3058
JLL - Melbourne
Level 40, 101 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
Comment

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.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.