490 Sydney Road, Coburg, VIC 3058

Retail

Sold $1,300,000

  • Property ID: 260609
  • Floor Area: 175m²
  • Land Area: 192m²
  • NBN Availability: Not Currently Available
  • Nearby Parking: Private
  • Cafes: 16 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
490 Sold 06/07/2017 175m2 192m2 $1,250,000
High Exposure Premises with Fantastic Potential

CVA Property Consultants are pleased to offer 490 Sydney Road, Coburg for private sale.

The two level vacant premises of 175m2* is situated on a land allotment of 192m2* and offers a blank shell for the astute purchaser to renovate and transform into a suitable premises for themselves or a rewarding investment.

Conveniently located on Sydney Road near the corner of Bell Street, the property benefits from a second street frontage from Russell Street, rear roller garage door and is just 7 km* from Melbourne’s CBD and under 5 km* to Citylink.

The subject property is well surrounded by public transport, with a tram service at your door, bus service along Bell Street and Coburg Train Station located just 500m* from the property.

Additional Information
Features
  • Availability: Upon settlement
  • Zoning: Activity Centre Zone
  • Lease Term: Nil
  • Rent Review: Nil
  • Car Spaces: At rear
  • Air Conditioning: No
  • Roller Doors: No
  • Floors: Concrete
  • Lifts: No
  • Height: 3 metres
  • Age: 60 years
  • Car Parking Fees: 0
Outgoings
  • Water Rates: $837.40
  • Land Tax: 0
  • Council Rates: $5,833.35
  • Owners Corp. / Insurance: TBA
Coburg Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $292 ---
Offices $6606 $366 5.54%
Industrial $2821 --- ---
This is the average advertised price, rent and yield for Coburg, VIC 3058*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 490 Sydney Road, Coburg, VIC 3058. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 490 Sydney Road, Coburg, VIC 3058. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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