436-442 Sydney Road,
Coburg, VIC 3058

Shops & Retail • Development Sites & Land

Key property information

Land area

Floor area

Tenure type

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Map of 436-442 Sydney Road

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A LANDMARK OPPORTUNITY 'THE DUNNES BUILDING'

An incredibly rare opportunity to secure four adjoining shops with longstanding tenants, to be offered as one within the heart of Sydney Road's major retail/lifestyle precinct.

Auction; Thursday 31st August 2017, at 12pm onsite.

The is the first time the 'Dunnes Building' has been offered to the market since its construction in 1891.

• Substantial land holding of 698m2* on one title

• Prominent street frontage to Sydney Road and Russell Street of 21.5m*, adjoining the Council carpark.

• Activity Centre Zone 1 allowing multi-level mixed use development (STCA)

• Total Current Income: $130,000 p.a. net

• Invest, develop or subdivide (STCA)

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

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Most households