Raine & Horne Dandenong
- Buy
- Rent
- Sell
- Promotions
- About Us
- Contact Us
- Sign In or Register
Map477 Sydney Road, Coburg, VIC 3058
- 2
- 1
For Sale
$3,275,000 - $3,475,000
EXCITING NEW DEVELOPMENT - CONTACT AGENT TODAY !
TOWN PLANNING DRAWINGS TO CONSTRUCT A 7 LEVEL BUILDING- 15 APARTMENTS & 1 COMMERCIAL SHOP & ROOF TOP
Key Features:
Exceptional 7 level apartment building including ground floor retail.
Prime position amongst Coburg's best shopping strip.
Well connected to CBD via tram and train networks in immediate proximity.
Council Car Parking - East and West of Building
Land Area: 388 sq/m (approx.)
Total Building Area 2,934 sq/m (approx)
• Ground Floor Retail: 300 sq/m (approx.)
• $57,000 PA +GST plus Outgoings
• 5 Year Lease from 06.07.2023-Nil Further Terms
• Rental Increases Annually fixed @ 3%
• Rental grossly reduced due to proposed construction of development.
• First Floor -2 Bedroom Apartment
• Monthly Tenancy
• Rental: $1,608.00 PCM
• 2 On Site Car Spaces at rear
• Terms: 10% DEPOSIT BALANCE 60/90 DAYS
ACT NOW TO SECURE THIS RARE BUILDING OPPORTUNITY
Bizhan Hosseni
Commercial Director
Wahid Khairi
Managing Director - Principal O.I.E.C. / LEA
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L32417054
- Property Type:House
- Land Area:388 sqm
We Know Your Area
R&H Suburb Profile: Coburg| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 301 |
| Average Price | $1,171,288 |
| Median Price | $1,150,000 |
| Median Rental Price | $675 p.w. |
| Change in Rental Rate (5yr) | 32 % |
| R&H Suburb Summary | Units |
|---|---|
| Number of sales | 194 |
| Average Price | $615,740 |
| Median Price | $611,000 |
| Median Rental Price | $525 p.w. |
| Change in Rental Rate (5yr) | 31 % |
Median Trend - $1,150,000
Recently Listed
Recently Sold and Leased