592 Sydney Road, Coburg, VIC 3058

Development/Land | Industrial | Hotel/Leisure

For Sale or Lease Contact Agent

  • Property ID: 365715
  • Floor Area: 493m²
  • Land Area: 1260m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Coburg's New Blue Chip Commercial Hub

Substantial two street frontage, high profile building and display yard with over 30* metres exposure to Sydney Road & Champ Street.

This magnificent 1,260m2* site comprises a Showroom/Warehouse of 493m2* offering front and rear roller door access, lofty, clear span warehouse, ground and first floor office and secure fencing. Additionally, the site offers a great opportunity to undertake a multi level, mixed use development of up to five (5) levels (STCA) courtesy of its flexible Activity Centre Zoning.

The property is conveniently located on Sydney Road, one of Melbourne's most iconic shopping precincts with an abundance of thriving culture, retail shops, cafes and restaurants and specialist food stores. The property is well serviced by Bell Street as well as Pascoe Vale Road and City Link Freeway. Public transport options are right on your doorstep with the number 19 Tram servicing Sydney Road and Coburg Railway Station under 1* kilometre walk away.

Further complimenting the property is its close proximity to the new and exciting, multi million dollar Pentridge Development. The proposed development comprises 1500* residential apartments, 6,500m2* Piazza lined with cafes & restaurants, an 11,000m2* shopping centre including a supermarket, 15 screen cinema, hotel, huge commercial complex, speciality shops and more, further enhancing the area by transforming it into an integrated community hub.

Property features include:

- Showroom/Warehouse: 493m2*
- Site area: 1,260m2*
- Flexibility of two (2) titles
- Two street frontage plus side lane way
- Flexible Activity Centre Zoning
- Secure steel fencing and multiple gates
- Prime inner suburbs location 10 kms* from Melbourne CBD

For further information or to inspect, please contact CVA Property Consultants.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: Ample
  • Condition: Good
  • Air Conditioning: Yes in Office
  • Floors: Concrete
  • Lifts: No
  • Height: 6-7 Metres
  • Age: 20 Years
  • Car Parking Fees: No
Outgoings
  • Water Rates: $1,150.00 per annum approx
  • Land Tax: TBA
  • Council Rates: $5,504.00 per annum approx
  • Owners Corp. / Insurance: TBA
  • Other Charges: Building Insurance $2,750.00
Coburg Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $437 ---
Retail --- $425 ---
Industrial $4625 $129 2.79%
This is the average advertised price, rent and yield for Coburg, 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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