30 & 30A Trade Place, Coburg North, VIC 3058

Investment | Industrial

Sold Contact Agent

10% deposit balance 60 days

  • Property ID: 304507
  • Floor Area: 507m²
  • Land Area: 668m²
  • NBN Availability: Service Available
Sold / Leased Results

Name Result Date Floor Land Result Price
30 & 30A Sold 12/09/2018 507m2 668m2 Contact Agent
Double Your Investment!

CVA Property Consultants are pleased to offer 30 & 30A Trade Place, Coburg North for sale via Auction on Wednesday 12th September 2018 at 12pm on-site.

Freehold building is situated on a 668m2* land holding in an established industrial pocket of Coburg North. Located just off Newlands Road, the property is 1.5km* from Murray Road allowing for easy commute to Bell Street, Tullamarine Freeway, Hume Highway and the Metropolitan Ring Road.

Investment Summary

30 Trade Place, Coburg North
Tenant: Northern Sharpening Services Pty Ltd
Current Return: $23,175.00 p.a. net
Term: Three (3) years
Options: Three (3) years

A 427m2* clear span warehouse featuring container height roller shutter door, staff amenities, kitchenette and small office area.

30A Trade Place, Coburg North
Tenant: Trade Place Cafe
Current Return: $12,872.76 p.a. net
Term: Five (5) years
Options: Five (5) years

Small cafe of 80m2* comprising a small industrial kitchen, air-conditioning, internal and external seating areas and staff amenities.

For further information please contact CVA Property Consultants.

*approx

Additional Information
Features
  • Zoning: Industrial 1 Zone
  • Lease Term: Three years/ Five years
  • Rent Review: Annual
  • Car Spaces: 3 on-site
Coburg North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $2625 $107 4.08%
Offices $4650 $138 2.98%
Industrial $4189 $138 3.30%
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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