property photo

452 Sydney Road, Coburg

Superb Retail Investment


Area : 180 m2 approx
Sale: Sold

 

Property Details

  • Securely leased to The Salvation Army
  • Rental: $48,000 pa Net
  • Fixed annual increases
  • Long term lease: 5 + 5 + 5 years
  • High profile location amongst major banks & close to Coles supermarket
  • Rear access plus storage facilities

The subject property consists of a single level retail shop of 180 sqm approx.

452 Sydney Road represents a rare opportunity to purchase a retail investment positioned in the heart of Sydney Road’s major retail precinct.

The property forms part of the established Sydney Road, Coburg retail shopping precinct, with the subject property located on the eastern side and within the “core” trading area.  Notable traders within proximity include National Australia Bank, ANZ Bank and several local real estate agents, whilst directly opposite on the western side of Sydney Road, is a Coles supermarket.  The property has rear access via Russell Street and is within close proximity to the Coburg City Oval and Coburg Leisure Centre.

Interactive Location Map

Use of the slider on the left of the map to zoom in and out ... click on "hybrid" to view an aerial photograph of the area with major streets overlaid on the map.

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