Brunswickpin
R&H

10 Nicholson street, Coburg, VIC 3058

  • 628sqm
  • 3garages
    • Sold

      Auctioned for $1,825,000 (Apr 20, 2023)

      SIGNIFICANT STAND-ALONE WAREHOUSE INVESTMENT FIRST TIME OFFERED IN 50 YEARS.

      Auction Thursday 20th April AT 1.00PM (UNLESS SOLD PRIOR)
      • Situated on main road 6.7 km to Melbourne CBD
      • Development upside (STCA)
      • Land Measurements 15.4m Frontage x 49.4m Depth
      • Total Land Area 758 sq/m (approx.)
      • Building Area 628 sq/m (approx.)
      • Zoning
      - Commercial 1 Zone
      • Currently leased to tenant until 6 February 2027
      • Tenant pays rent and outgoings + GST
      • Annual rent reviews fixed at 3% pa.
      • Rental income $57,963.72 P.A
      • Terms: 10% Deposit
      - Balance 30 / 60days

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      avatar Tim Frlan
      Tim Frlan
      Commercial Managing Director

      Got a property to sell? Contact us for a free Request Appraisal

      Property Info:
      • Property ID: L21985722
      • Property Type:Retail
      • Building / Floor Area:628 sqm
      • Land Area:758 sqm
      • Car Spaces:3
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      Evan Yanitsas

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