10 Nicholson street, Coburg, VIC 3058
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.)
- 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
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L21985722
- Property Type:Retail
- Building / Floor Area:628 sqm
- Land Area:758 sqm
- Car Spaces:3
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