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Fitzroys - Melbourne

1093-1095 Sydney Road Coburg North, VIC 3058

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1093-1095 Sydney Road,
Coburg North, VIC 3058

Shops & Retail

Key property information

Land area

Floor area

Tenure type

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Fitzroys - Melbourne
Chris Kombi

Fitzroys - Melbourne

Level 27, 360 Collins Street
MELBOURNE, VIC 3000
04381562...
Fitzroys - Melbourne
1093-1095 Sydney Road
Coburg North, VIC 3058

Map of 1093-1095 Sydney Road

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Blooming Investment - Shop Plus 2 Dwellings

  • High Profile Double Fronted Building
  • Leased To 3 Tenants
  • Returning $75,720 Per Annum
- Prominent 2 storey building on busy main road
- Comprises ground floor shop, rear 3 bedroom house and first floor 3 bedroom apartment
- Returning $75,720 per annum approx. from three (3) tenancies
- Land area: 412sqm approx
- Rear access and onsite parking
- Prominent double retail frontage of 11 metres approx.
- New 5 year lease to long established leading florist, Flowers of Heaven
- Convenient location close to Coburg village, Lincoln Mills Homemaker Centre and major tenants including Aldi supermarket (opening early 2019)
- Various new developments currently underway throughout Coburg and Coburg North with the Holiday Inn hotel expected to open in 2020 and $1 billion Pentridge Prison mixed use precinct
- Only 150 metres approx. to Merlynston Train Station
- Rare investment opportunity in rapidly growing location.

Additional information

Coburg North, 3058 demographic data

The median household income for Coburg North is $1,981, 4% higher than Greater Melbourne's household income of $1,901. Coburg North has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 54% of property owners in Coburg North have a mortgage.

8,327
Population
$1,981 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000

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