16-18 Mercier Street, Coburg, VIC 3058

Industrial

Leased

  • Property ID: 430294
  • Floor Area: 1000m²
  • Land Area: 1350m²
Sold / Leased Results

Name Result Date Floor Land Result Price
16-18 Mercier Street Leased 14/08/2023 1000m2 1350m2 N/A
DOUBLE THE CHILL FACTOR - COLD STORAGE WAREHOUSE

POINT OF INTEREST:
It’s a food distribution warehouse that includes the prefect mixture of ingredients for business success. Located north of the city fringe, 16-18 Mercier Street Coburg North is a standalone warehouse positioned minutes from Gaffney Street, Bell Street and the entrance to the Tullamarine Freeway. From the outside, the property offers the option of two separate Roller Shutter Doors and driveway crossovers which support a workflow of inward and outward goods plus onsite parking set behind security gates and fencing. Step inside and you’ll find two large format freezer-rooms and an accompanying coolroom, ground floor office/reception and small storage area to pack, store or dispatch. The property also benefits from a high power capacity meaning that fridge and freezers can be run all day long without interruption.

- 1000sqm* food distribution warehouse
- Two large freezer rooms and a small cold-room.
- Secure fencing and remote controlled gates
- Onsite parking for multiple vehicles.
- Industrial 1 zone
- High power supply
- Two roller shutter doors

POINT OF VIEW:
Customers are the lifeblood of any good business and when you can occupy a property that offers easy access to the Melbourne CBD via Sydney Road, the Tullamarine Freeway and The M80 Ring Road, via Bell Street, it can mean that time and money is well and truly on your side.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediately
  • Car Spaces: Multiple on-site
  • Condition: Excellent
  • Floors: Concrete throughout
  • Lifts: N/A
  • Height: 5 - 5.5 Metres*
  • Age: Unknown
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: $1,270.00 per annum
  • Land Tax: $2,700.00 per annum
  • Council Rates: $5,200.00 per annum
  • Owners Corp. / Insurance: Building Insurance: $7,000.00 per annum
  • Other Charges: Garden Maintenance: $360.00 per annum
Coburg Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2821 --- ---
Retail $4444 $296 6.67%
Offices $6606 $352 5.33%
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 Industrial in VIC for Lease

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:

  • 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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