Offices | Development/Land | Retail

POINT OF INTEREST: 
Currently occupied by two long-standing tenants, this two-storey freehold is suited those who are looking for an immediate return on their investment today, and the flexibility of endless opportunities tomorrow — whether that’s to occupy, develop or continue to capitalise on rental yield. Prominently positioned within one of Melbourne’s rapidly evolving fringe suburbs, this highly sought-after Sydney Road address features off-street parking, bathroom, plus kitchen amenities and public transport conveniently on its doorstep.  

Building area of 324 sqm*.
Land area of 220sqm*.
Investment returning $67,836 per annum net.
Circa 5% yield.
6m* frontage to Sydney Road including direct vehicle access.
On-site parking.
Air-conditioning and heating throughout building.
Close proximity to Coburg train station and Route 19 tram.
Bathroom and kitchen amenities on first and second floor.
High exposure with foot and vehicle traffic.
Flexibility once current leases ends.

POINT OF VIEW: 
Flexibility, exposure and endless opportunities in the future are just 3 of the reasons why 288 Sydney Road is a smart acquisition for any astute investor. The other 67,836 certainly help too!

*Approx.
Pricing excludes GST