First Floor, 368 Sydney Road, Coburg, VIC 3058

Offices | Medical | Hotel/Leisure

For Sale or Lease

  • Property ID: 441402
  • Floor Area: 693m²
  • Land Area: 693m²
  • Occupancy: Vacant
Elevate your Business to the Next Level

POINT OF INTEREST: Expression of interest – Sale or Lease
Well known for its eclectic mixture of specialised shops, national retailer’s and local health based services, you’ll find a commercial space that can elevate your profile and take your business to the next level. Take the private elevator from street level and you’re transported to a spacious 693 sqm* that provides unobstructed views to Sydney Road, Harding Street and Russell Street. Designed to accommodate diversity, the area is divided into several consulting rooms and open-plan areas that allows natural light to flow seamlessly throughout. A generously sized kitchen area, air-conditioning and disability-compliant amenities further compliments a location that would appeal to a variety of occupiers, but if the neighbours are anything to go by; health practitioners, creative industries, or aged care providers wanting to service a growing population are sure to thrive here. One of its biggest benefits is 509 car spots located directly opposite thanks to the local council car park and the convenience of having the number 19 tram literally on your doorstep and Coburg railway station is only a five-minute walk.

- 693 sqm* total building area.
- Activity centre zoning.
- Neighbouring local council car park with 509 spaces.
- Private elevator with a generous kitchen, shower, and internal balcony.
- Ample natural light from unobstructed windows fronting Harding Street and Sydney Road.
- Data network cabling throughout and NBN broadband ready.
- 500 m* to Coburg railway station.
- 1 km* to Nicholson Street.

POINT OF VIEW:
Coburg was designed for foot traffic and effectless parking. It’s why you can do your groceries, keep your health in check, and grab a coffee or lunch within 500 steps. And when you make it your business to be centred amongst it, your business is made all the better for it.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediately
  • Condition: Excellent
  • Air Conditioning: Air-conditioning throughout
  • Floors: Carpet throughout, tiles to wet areas
  • Lifts: Elevator accessible
  • Height: 2.4 metres approximately
  • Age: Unknown
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $800.00p.a. approx plus usage
  • Land Tax: $3,381.15p.a. approx (subject to the retail leases act)
  • Council Rates: $8,871.83p.a. approx
  • Owners Corp. / Insurance: $12,739.61p.a. approx
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 Offices 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.
Floorplans

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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