T4a /14-20 Nicholson Street,
Coburg, VIC 3058

Offices • Shops & Retail

Key property information

Floor area

Parking info

Tenure type

Sold on

Allard Shelton

Level 3, 267 Collins Street
MELBOURNE, VIC 3000

03 9654 32...

T4a /14-20 Nicholson Street

Coburg, VIC 3058

03 9654 32...

Map of T4a /14-20 Nicholson Street

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3 SECURELY LEASED RETAIL INVESTMENTS

3 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
* Flexible commercial 1 zone
* Properties are adjoining highly successful IGA supermarket
* Located at the base of a 198 apartment development

Tenancy 1 - Run with me Fitness
- Building Area: 202 sqm*
- Current Rent: $54,080 plus GST plus Outgoings
- Lease Term: 5 + 5 + 5 year lease
- Fast growing fitness group

Tenancy 3 - Accountancy Practice
- Building Area: 107 sqm*
- Current Rent: $33,261 plus GST plus outgoings
- Lease Term: 5 + 3 + 3 + 3 + 3 year lease
- Established 30 year old accountancy practice

Tenancy 4a - Health & Supplement store
- Building Area: 104 sqm*
- Current Rent $30,235 plus GST plus outgoings
- Lease Term: 5 + 5 + 5 year lease
- Strong national retailer
*approx

FOR AN IMMEDIATE INSPECTION CALL US TODAY!

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