2 Joyce Court, Coburg North, VIC 3058

Development/Land | Industrial

For Sale or Lease

  • Property ID: 450029
  • Floor Area: 874m²
  • Land Area: 1329m²
  • Occupancy: Vacant
THE LAND AND LOCATION FOR INDUSTRIAL AMBITIONS.

POINT OF INTEREST:

Coburg North is undoubtedly a highly popular destination for a blend of commerce, industry and lifestyle. The only doubt around here: securing land to develop amongst scarce supply. A staggering 1,329 sqm* land parcel makes this the ideal blank canvas for developers, and when you consider the proximity to PT, arterials, schools, and recreational spaces, it’s easy to see why it’s hot property. The site is located within an already-established industrial precinct with immediate access to Newlands Road and Gaffney Street, but stepping outside of this hub of local traders, the residential infrastructure has made this northside destination extremely well-connected. You’re 1.7 km* from the groundbreaking Pentridge village project, 1.1 km* to Merlynston railway station, and 2 km* from Sydney Road’s 19 tram and Bell Street intersection.

- 1,329 sqm* total land area.
- Current plans and permits in place for 2 factories totalling 874 sqm*.
- Industrial 1 zoning.
- Fresh crushed rock.
- 3.8 km* to Metropolitan Ring Road.
- 2 km* from Sydney Road and Bell Street intersection.
- 4.2 km* to the Citylink.
- 1.1 km* to Merlynston railway station.
- 1.7 km* from the Pentridge shopping mall and cinemas.

POINT OF VIEW:

The site has current plans and permits for 2 factories to be developed here, but when you factor in that the Coburg Drive-In is just down the road, this generous block is primed for construction or immediate occupation.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediately
  • Car Spaces: 14 spaces
  • Air Conditioning: Office only
  • Floors: Crushed rock
  • Lifts: N/A
  • Height: 8m* plus
Outgoings
  • Land Tax: $3,930.00 p.a. approx
  • Council Rates: $2,351.57 p.a. approx
  • Owners Corp. / Insurance: Nil
Coburg North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $2625 $269 10.25%
Offices $4800 $138 2.88%
Industrial $3973 $187 4.72%
This is the average advertised price, rent and yield for Coburg North, 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:

  • 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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