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

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

Warehouse, Factory & Industrial

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Map of Coburg Drive-in, 155 Newlands Road

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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

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Property ID: 502955310Last Updated: 6 Jan 2020

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

Agency contacts

JLL - Melbourne
Level 40, 101 Collins Street
MELBOURNE, VIC 3000
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Adrian Rowse
JLL - Melbourne
Coburg Drive-in, 155 Newlands Road Coburg North, VIC 3058

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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