16 Dairy Drive, Coburg North, VIC 3058

Industrial

Sold

  • Property ID: 379551
  • Floor Area: 436m²
  • Land Area: 634m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold N/A 436m2 634m2 Contact Agent
Industrial Investment Gem

POINT OF INTEREST:

A great investment to kick start your property portfolio. Modern in design, this office/warehouse is situated only 12km* from the CBD in a sought after industrial pocket of Coburg North. Enhanced by a new lease to an established tenant, the property is leased to The Que Club Pty Ltd, an award winning diversified BBQ brand. The property will be offered for Private Sale closing Thursday 17th December 2020 at 3pm.

- Current Rent: $46,800.00 p.a. plus GST and outgoings
- Commencement Date: 19th May 2020
- Lease Term: 3 + 3 years
- Review: Annual 3%

- Total building area: 436 sqm*
- Including well appointed office of 89 sqm*
- 7 onsite parking spaces
- Land area: 634 sqm*

POINT OF VIEW:
The place to invest. Situated within 3km's* of Bell Street and 6km's* of the M80 Ring Road and Tullamarine Freeway are making Coburg North a desired location for tenants, owner occupiers and developers.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Subject to lease
  • Lease Term: 3 + 3 years
  • Rent Review: 3% Annual, market value at option
  • Car Spaces: 7 spaces (including undercover )
  • Condition: Excellent
  • Air Conditioning: To office
  • Floors: Concrete/Carpet
  • Lifts: NA
  • Height: 7-7.5 metres
  • Age: circa 2011
  • Car Parking Fees: NA
Outgoings
  • Land Tax: $735.00 2020 (single holding)
  • Council Rates: $3,160.06
Coburg North Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $4189 $138 3.30%
Retail $2625 $107 4.08%
Offices $4650 $138 2.98%
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.
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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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