16-20 Irene Avenue, Coburg North, VIC 3058

Investment | Industrial

Sold Contact Agent

10% deposit. Balance 60 days

  • Property ID: 273105
  • Floor Area: 1615m²
  • Land Area: 2053m²
  • NBN Availability: Not Currently Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 02/11/2017 1615m2 2053m2 Contact Agent
Rare Inner North Industrial Building On 2 Titles

CVA Property Consultants are pleased to offer 16-20 Irene Avenue, Coburg North to the open market via Auction on Thursday 2nd November at 12pm on-site.

Boasting a frontage of over 50 metres* to Irene Avenue, this substantial land holding totaling 2,053m2* is on two titles and further features;

- Total building area: 1,615m2*
- Monthly tenancy returning $30,000 p.a. gross- partly occupied
- 3 buildings each with individual access
- 3 RSD
- 12 on-site parking
- Industrial 1 Zone

Located off Bakers Road and bounded by Sussex Street in the heart of Coburg North's industrial precinct, the property is 1.2km* from bustling Sydney Road, 1.8km* from major thoroughfare Bell Street and 3.3km* from the Tullamarine Freeway and associated arterial linkages. Transport options are also close by with trams running along Sydney Road and Merlynston Train Station 2km* from the site.

For further information please contact CVA Property Consultants.

Additional Information
Features
  • Availability: Upon Settlement
  • Zoning: Industrial 1 Zone
  • Lease Term: Monthly
  • Rent Review: Nil
  • Car Spaces: 12 on-site
Outgoings
  • Water Rates: TBA
  • Land Tax: TBA
  • Council Rates: TBA
Coburg North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $2625 $108 4.12%
Offices $4650 $138 2.98%
Industrial $4189 $135 3.23%
This is the average advertised price, rent and yield for Coburg North, VIC 3058*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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