T2a & T2b, 14-20 Nicholson Street,
Coburg, VIC 3058

Shops & Retail • Offices

Key property information

Floor area

Car spaces

Parking info

Tenure type

Sold on

Allard Shelton

Level 3, 267 Collins Street
MELBOURNE, VIC 3000

04173093...

T2a & T2b, 14-20 Nicholson Street

Coburg, VIC 3058

04173093...

Map of T2a & T2b, 14-20 Nicholson Street

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SECURELY LEASED RETAIL INVESTMENTS

SECURELY LEASED RETAIL INVESTMENTS
TO BE SOLD SEPARATELY
HIGH EXPOSURE MAIN ROAD POSITION

* Exceptional opportunity with great upside in an evolving and dynamic location
* Securely leased investments
* High exposure location
* Close proximity to public transport
* Properties are adjoining highly successful IGA supermarket
* Located at the base of a 198 apartment development

Shop T2a – Present story - gift store
Building area: 88 sqm*
Current rent $27,496.20* + GST + Outgoings
Lease term 5 + 5 years started in Oct 2015

Shop T2b – The Spot - Café
Building Area 104 sqm*
Current rent $29,246.46* + GST + Outgoings
Lease term 5 + 5 + 5 years started in August 2015

FOR AN IMMEDIATE INSPECTION CALL US TODAY!

*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

Allard Shelton

Level 3, 267 Collins Street
MELBOURNE, VIC 3000