Cnr Sydney Road & Bell Street,
Coburg, VIC 3058
Shops & Retail
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
Cnr Sydney Road & Bell Street
Coburg, VIC 3058
Map of Cnr Sydney Road & Bell Street
THE ICONIC ‘COBURG CORNER’ BUILDING WITH VALUE-ADD POTENTIAL
** SOLD **
Gross Waddell ICR is pleased to offer the opportunity to secure a landmark mixed-use building positioned at the gateway of Sydney Road, Coburg’s major retail and commercial precinct.
Property features include:
• High profile 1,193 sqm* mixed commercial freehold building
• Offering significant scale and flexibility, the configuration consists of 8 shops + first floor offices
• Considerable potential to value-add, strata subdivide, occupy or develop (STCA)
• Bustling corner land holding of 753 sqm* and favourably zoned Activity Centre Zone (ACZ)
• Offered with holding income via a number of long-standing tenants including the nationally recognised Ferguson Plarre Bakehouse
• High exposure frontages to both Sydney Road and Bell Street totalling 63 m*
• Central commercial location serviced by train & tram public transport, vast retail amenity, Coburg market plus significant neighbouring residential development
The property is for sale via Expressions of Interest, closing at 2:00 pm on Wednesday the 17th of August 2022. For further information or to inspect the property, please contact Gross Waddell ICR directly.
*Approx.
Gross Waddell ICR is pleased to offer the opportunity to secure a landmark mixed-use building positioned at the gateway of Sydney Road, Coburg’s major retail and commercial precinct.
Property features include:
• High profile 1,193 sqm* mixed commercial freehold building
• Offering significant scale and flexibility, the configuration consists of 8 shops + first floor offices
• Considerable potential to value-add, strata subdivide, occupy or develop (STCA)
• Bustling corner land holding of 753 sqm* and favourably zoned Activity Centre Zone (ACZ)
• Offered with holding income via a number of long-standing tenants including the nationally recognised Ferguson Plarre Bakehouse
• High exposure frontages to both Sydney Road and Bell Street totalling 63 m*
• Central commercial location serviced by train & tram public transport, vast retail amenity, Coburg market plus significant neighbouring residential development
The property is for sale via Expressions of Interest, closing at 2:00 pm on Wednesday the 17th of August 2022. For further information or to inspect the property, please contact Gross Waddell ICR directly.
*Approx.
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
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Gross Waddell ICR - Commercial
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
635-637 Sydney Road,Brunswick, VIC 3056 738 m²Development Sites & Land • Shops & Retail
