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137-139 Bakers Road & 14 Audrey Avenue, Coburg North, VIC 3058
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Two auctions Equals Double the opportunity

POINT OF INTEREST:

To be sold separately by public Auction on the 17th August 2022 at 12pm onsite, are these two neighbouring industrial buildings, each unique in their own right and sitting on a prominent Coburg North corner position. Where opportunity can be scarce, here you will find the flexibility to occupy and make best use of this exceptional location, or develop part of or the entire site (STCA) in a similar way to the newly established industrial estates such as CONO, Bakers Road Business Park, Norris Business Park and Urban Business Park. 

137-139 Bakers Road Coburg North comprises two interconnected warehouses totaling 1,041sqm* with an adjoining single-level office on a total of 1,498 sqm* of land. High clearance, multiple container high roller doors, and a free flowing floorplan takes the warehousing component from functional to highly versatile, while the office portion includes plenty of amenities and off-street parking areas for staff and clientele.

14 Audrey Avenue Coburg North offers a different, yet appealing opportunity. The standalone warehouse of 346m2 sits on a total land area of 618m2 and can be used in its current format or renovated (STCA) to better meet the demands of a modern business. Sitting on multiple titles and brimming with potential and exposure to both Audrey Avenue and Bakers Road, an astute investor or developer will easily spot the return on investment written all over this package — particularly if occupying the space is an ambition, too. Connection to the rest of Melbourne has been considered through all forms of transportation; Sydney Road is under a kilometre away, while the M2 sits 2.3 km* from here and can take you into the CBD in under half an hour. The heralded 19 tram is a 14-minute walk from the site, while the Batman railway station adds just five minutes to that walk.

137-139 Bakers Road, Coburg North:

- 1,041 sqm* building area.

- 1,498 sqm* land area.

14 Audrey Avenue, Coburg North

- 346 sqm* building area.

- 618 sqm* land area.

137-139 Bakers Road & 14 Audrey Avenue, Coburg North:

- Industrial 1 zoning.

- Over 50m* of frontage to Audrey Avenue.

- Plenty of car spaces on-site.

- 2.3 km* from the M2.

- 900 m* from Sydney Road.

- 9.8 km* from Melbourne CBD.

POINT OF VIEW:

An expanding commercial precinct is also a measurable one in more ways than one. First, we know that currently the industrial precinct is made up of a gigantic 92 hectares. Second, the Tullamarine Freeway is blatant growth infrastructure for a high-traffic area. Third, we can name four business parks in this area alone. Commercial has moved to Coburg, buy before the boom goes public.

*Approx.

Pricing excludes GST

 

Remember to mention you found this property on DevelopmentReady

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