2, 12 Dairy Drive, Coburg North, VIC 3058

Industrial

Sold

  • Property ID: 358255
  • Floor Area: 353m²
  • Land Area: 504m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 2 Sold N/A 353m2 504m2 Contact Agent
Quality Office/Warehouse in Sought After Location

Exceptional office/warehouse facility with plenty to offer in an established industrial precinct in Coburg North.

Located metres from busy Newlands Road and in close proximity to Bell Street and the M80 Ring Road, the property presents an ideal opportunity for investors purchase on the northern fringe within 10 klm's* of Melbourne's CBD.

Property Features include:

- Total Building Area 353m2*
- Warehouse 286m2*
- Air Conditioned First Floor Office 67m2*
- New three 3 year lease with further terms
- Currently returning $36,000 net with fixed 3% increase annually
- Ample amenities with two toilets upstairs & disabled toilet downstairs
- Container height 5 x 5 metre heavy duty colourbond roller door
- Industrial 1 Zone
- Internal clearance from 7.5m to 8m*
- Up to around 200 pallets of storage space
- High Security property, front door shutter, steel fencing & motorised gate
- Separately Titled therefore no Owners Corporation

For more information or to arrange an inspection, please contact CVA Property Consultants.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 90-120 days
  • Lease Term: Three (3) Years
  • Rent Review: Fixed at 3% annually
  • Car Spaces: Yes 4
  • Condition: Very Good
  • Air Conditioning: Yes in offices
  • Floors: Concrete warehouse/ carpet offices
  • Lifts: No
  • Height: 8-8.5 metres
  • Age: 10 years plus
Outgoings
  • Water Rates: TBA
  • Land Tax: TBA
  • Council Rates: TBA
  • Owners Corp. / Insurance: TBA
Coburg North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4806 $138 2.88%
Industrial $3910 $136 3.47%
Retail $2625 $107 4.08%
This is the average advertised price, rent and yield for Coburg North, VIC 3058*

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

Days on Market data for Industrial 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™.
  • 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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